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Decreasing EBIT for Austrian SME
Domestic Small and Medium Enterprises record a decline in their return on investment. Lower finance costs could offset this effect. 40% of all SME are in the red zone.
Decreasing EBIT for Austrian SME / Picture: © Vindobona.org
The average return on sale for Austrian SME was 2.5% in 2009/10, which is an improvement by 0.16 percentage points. The average EBIT however declined by 0.36 percentage points. The higher operating profit is thus the only result from a decline in finance costs. This is the result of a study by SME Research Austria (KMU Forschung Austria), which observed 67.000…
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