Economic analysis of the European cement industry

Marcel Boyer and Jean-Pierre Ponssard

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Abstract: We present a methodology to assess the profitability of a capital intensive industry over a business cycle and to make projections of profitability for different investment strategies under various hypothetical scenarios for environmental and competition policies. The methodology is applied to the European cement industry over the period 2004‐2012 (Part I) and over the next 10/15 years (Part II) using publicly available data, interviews of financial analysts and industry experts.

Keywords: return on assets; capital intensive industry; business cycle; European cement industry.; rentabilité des actifs; secteur à forte intensité en capital; cycle économique; industrie cimentière européenne (search for similar items in EconPapers)
Date: 2013-12-09
New Economics Papers: this item is included in nep-ind
Note: View the original document on HAL open archive server: https://hal.science/hal-00915646
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Citations: View citations in EconPapers (13)

Published in 2013

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Working Paper: Economic analysis of the European cement industry (2013)
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