Series: Analytical Articles.
Author: Álvaro Menéndez and Maristela Mulino.
Topics: Economic situation | Spain | Financial analysis.
Full document
Abstract
Most sectors and companies in the Central Balance Sheet Data Office Quarterly Survey saw an expansion in productive activity and employment in 2016. Buoyant activity, coupled with favourable trends in financial costs and revenues, enabled companies’ ordinary profits to grow rapidly. This meant a further increase in aggregate levels of ordinary profits.
Lastly, companies’ financial position continued to strengthen, translating into a drop in indebtedness and debt burden ratios.