The Limited Times

Now you can see non-English news...

Industry: these companies that are resisting the health crisis

2021-02-23T21:10:22.273Z


DECRYPTION - If some sub-sectors are in great difficulty, the industry as a whole has recovered very quickly. The recovery plan opens up new perspectives.


The performance is remarkable and revealing.

Despite a year 2020 marked by a pandemic that caused a major economic crisis, industrial gas giant Air Liquide managed to increase its net income by nearly 9% (8.6%).

His case is not isolated.

Several large French industrial groups have also achieved notable performances.

Cable manufacturer Nexans is back in the green;

Schneider Electric maintained its level of operating margin;

that of Legrand fell but, at 19%, it is at a very high level;

ArcelorMittal lost money over the year as a whole, but generated a net profit of $ 1.2 billion in the last quarter… What all these players have in common: they are industrial companies.

Their results reveal the surprising resilience of a sector long considered fragile.

Read also:

Industry: an economic engine with variable geometry in Europe

This comeback was pulled at the end of the year by Europe and France.

At Air Liquide, it is the Old Continent that

This article is for subscribers only.

You have 85% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All business articles on 2021-02-23

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.