Colosseum a.s. (Colosseum a.s.)
Commodities  |  February 25, 2013 14:47:28

European companies' syslia "cash

ColosseumBloomberg data showed that 265 non-financial firms from the index Stoxx Europe 600, which have not yet released the results of farming insistent in cash at the end of last year 475 billion dollars. That is threefold more than in 2002 and 14 percent more compared to the previous year. Companies in the region are cautious due to the ongoing recession. Because I'm not planning any large acquisitions, or the payment of dividends, so would the amount of cash in their accounting books could still increase.

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