Company radar 2023: Analysis of Austrian companies in the pandemic environment
The past few years have not been easy for companies. The pandemic has brought the global economy to a standstill, supply chains have been thrown into disarray, and inflation continues to drive up prices. Not an easy environment for economic success. But what about the large companies in Austria? The Vienna Chamber of Labor (AK) looked at this based on the balance sheets stored in the “Company Radar 2023”. 800 annual financial statements from 2022 of the large operating corporations were taken into account for the analysis. 679,000 employees are represented in these companies, which is around a sixth of all employees. According to a report from www.derstandard.at, After analyzing the balance sheets of the large operating corporations...

Company radar 2023: Analysis of Austrian companies in the pandemic environment
According to a report by www.derstandard.at,
After analyzing the balance sheets of the major operating corporations in Austria, it was found that these companies earned well despite the economic challenges during the pandemic. However, the AK found that there were also high dividend distributions, which in some cases exceeded the operating result. This could lead to a long-term burden for these companies as necessary investments and liquidity reserves are at risk.
Given these facts, it can be expected that companies that pay high dividends may have less room for investment and expansion in the future. This could have a long-term negative impact on the competitiveness of these companies and, in the worst case, lead to a decline in employment.
It remains to be seen how companies in Austria will respond to this challenge and whether they will adapt their dividend policies to ensure long-term stability and growth.
Read the source article at www.derstandard.at