Umthamo weekhontrakthi yinto emisela ngendlela ethile ethi amaxabiso ezabelo zeSpain ezonwabileyo okanye ezingacacanga ngaphambili zabatyali mali abancinci nabaphakathi. Kodwa kukwiparameter enamandla kakhulu ukwazi ezilityelweyo zentengiso yemasheya yaseSpain. Kuba, eneneni, kukho uthotho lwexabiso olungafakwanga kwisalathiso esikhethiweyo sokulingana kwamazwe anokubandakanya mathuba o shishino kwiinyanga ezimbalwa ezizayo. Ngamanye amaxesha, ngokusebenzisa iinkampani ezidwelisiweyo kude kube kutshanje zazinegama elibalaseleyo ngexesha lokuthengisa.
Kulungile ke ukuba sijonge kwezi zindululo zikhethekileyo kuba sinokufumana iigugu ezilandelwa kakhulu ngabatyali mali abancinci nabaphakathi. Ukuzama ukuphendula kule ntswelo baninzi abathengisi banayo, siza kubonisa amaxabiso athile abonisa olu phawu lukhethekileyo. Kodwa ngenxa yezizathu ezininzi ungathandwa ziimarike zemali okanye ubuncinci hayi ngamandla abanawo ngoku. Ngayiphi na imeko, ezi zikhuseleko ezihlanganisiweyo kwicandelo leenkampani ezincinci neziphakathi.
Eli licandelo leshishini elahlulahlulwayo kukungabikho kwemali ephantsi kwaye eyona nto iphambili kuyo kukuba kunzima kakhulu ukulungisa ukungena kunye nokuphuma kwamaxabiso ngabatyali mali abancinci nabaphakathi. Njengeyakho ukungazinzi okuphezulu kwiimarike zokulingana ukuseta amaxabiso abo. Kungenxa yokuba kuyinyani ukuba babonisa umahluko omkhulu phakathi kwamaxabiso aphezulu kunye neyona isezantsi kwaye ngamanye amaxesha bahlala bedlula amanqanaba e-5%. Ukongeza, azilandelwa kakhulu ziarhente zezemali kwaye kunzima kakhulu ukuba nesalathiso sokumisela ekugqibeleni ukuba leliphi ixabiso ekujoliswe kulo. Ngeyona njongo iphambili yokuphuhlisa olunye uhlobo lwesicwangciso-qhinga sotyalo-mali ukwenza ukuba imali eyinkunzi ityalwe.
UNatra wohlwaywa ngokugqitha
Le yenye yexabiso elifikile ngaphezulu kokuncinci kule minyaka yangoku. Yayenye yexabiso elalikhokelwa ngabona batyalo-mali babecingela kwiminyaka embalwa edlulileyo. Kodwa ukuba inkqubela phambili iye yehla yaya kwi amanqanaba asezantsi ekuqeshweni kwakho. Ngayiphi na imeko, nangawuphi na umzuzu inokuphinda ivele kwakhona, sele inxibelelene nenye yezona zinto zithengiswayo kwiminyaka yamuva nje njengecocoa. Ukuza kuthi ga kwinqanaba lokuba inokunika ngaphezulu kovuyo olunye kubatyali mali abancinci nabaphakathi. Nangona amanyathelo athile okhuseleko kuya kufuneka athathwe ukuthintela iimeko ezingafunekiyo kwiinyanga ezizayo.
Ngayiphi na imeko, olu lukhuseleko lokuthatha izikhundla ngeli xesha lifutshane kwaye kufuna unyango olwahluke kakhulu kwezinye iinkampani ezidwelisiweyo. Ngelixa kwelinye icala, ikwaxabisekile ukwenza imisebenzi enexabiso eliphantsi kakhulu ngenxa yomngcipheko obandakanyekayo ekuhambeni kwayo. Ngenxa yokungazinzi okuphezulu kulungelelwaniso lwamaxabiso ayo kwaye ke oko kubonisa umahluko ophawulekayo phakathi koqikelelo oluphezulu nolusezantsi.
IAzcoyen iqiniswe yisahlulo sayo
Olu lolunye ukhuseleko lwesitokhwe olunembali engaphezulu kwiimarike zezabelo zamazwe kwaye oko kukhokelele kubatyali mali abaninzi abathembela kwizikhundla zabo. Ngalo naliphi na ixesha ungaya kwiqela lolona khuselo lukhulu kwimarike yemasheya. Le nyani icacisiwe kuba ibonelela ngenye yeefayile ze izabelo eziphezulu Kwilizwe lethu. Ngenqanaba lenzala elingaphezulu kwe-9%, nto leyo ethetha lukhulu ngalo mzuzu. Kuba oko kuthetha inqanaba eliphezulu kakhulu lokuhlawula amatyala rhoqo ngonyaka kwaye oko kuya kuya ngqo kwimali eseleyo yeakhawunti yakho.
Kwelinye icala, ilinde umqondiso wamandla wokuthatha izikhundla ukusukela ngoko ukuya phambili. Ngenjongo enokubaluleka kakhulu ngenxa yokukhulu kwayo amandla aphezulu ezinokukhokelela kwizicwangciso zotyalo-mali ezinobundlongondlongo kunezinye izindululo kwiimarike zezabelo zamazwe ethu. Ngengeniso eyongeziweyo eyabelwe izabelo phakathi kwabanini zabelo ziya kukunika. Njengento eyongezelelweyo kulo naluphi na uhlobo lweenkqubo zokwenza ukuba imali eyinkunzi ityalwe ukuya kuthi ga kwinqanaba elinenzuzo.
I-Ebro lelinye lamaxabiso azinzileyo
Elinye lamaxabiso amadala adityanisiweyo kwisalathiso esikhethiweyo sezabelo zamazwe. Ngevolumu ephezulu kakhulu yokuvota kwaye ibiphezulu kuninzi lwezindululo zokutyala imali yethu. Kodwa ngenxa yezizathu ezininzi wabashiya ukuba bahlale kule meko ixesha elide. Ngelixa kwelinye icala, ivelisa isahlulo ngenzuzo malunga ne-3%. Ngamanye amagama, incinci xa ithelekiswa nezinye izindululo kwimarike yaseSpain.
Kuya kufuneka sigxininise ukuba eli xabiso lentengiso kukubheja okukhuselekileyo ekuqwalaseleni iphothifoliyo yethu elandelayo yezokhuseleko. Ngenxa ye- uzinzo eveliswa ngamaxabiso abo kwaye enegalelo lokuba kutshintshiselwano oluzinzileyo lokonga olunokuthi lwenzelwe ixesha eliphakathi kwaye ngakumbi ixesha elide. Akumangalisi ukuba kukho umahluko omncinci kakhulu ekuguqulweni kwamaxabiso abo kwaye ke akusayi kubakho khetho ngaphandle kokuba nomonde kakhulu kwiziphumo zomsebenzi. Ayisoze yenzeke ngokwentelekelelo kwaye kukho olunye uthotho lwamaxabiso onokukhetha kuwo ukwenza ukuthengwa kube sesikweni.
IAtresmedia ilinde ukunyuka
Ukuba kukho icandelo kwicandelo lemarike yezabelo elingahambelani nelona xesha lilungileyo, ayikho enye ngaphandle kwaleyo imelwe yimithombo yeendaba zonxibelelwano. Yenziwe yimpahla yiAtresmedia okwangoku ekwindlela esezantsi ecacileyo kunye nelinye lamaxabiso asezantsi kule minyaka idlulileyo. Kodwa okwa ngaxeshanye kunika amandla okuhlaziya aphezulu, okoko nje kukho utshintsho kwindlela yakho, isuka kwi-bearish iye kwi-bullish kwaye ke iya kunika ithuba elipheleleyo kumathemba ayo kwiimarike ze-equity.
ILogista ixabiso lokugcina
Kukubheja kwizabelo zaseSpain ukugcina kunokuthenga okanye ukuthengisa. Nangona kunjalo, ngeli xesha singalinda nakuphi na ukubuyela kwakhona ukuze sonyuse izikhundla kwisitokhwe. Kungenxa yokuba inokubonisa imeko enyukayo ebalulekileyo kuwo nawuphi na umzuzu apho kufuneka sixhamle kwizikhundla zethu ezivulekileyo. Ngayiphi na imeko, kuyamangalisa ukuvavanya ukuba ixabiso lakho ekujolise kulo lijikeleze 24 kunye nama-25 euros. Oko kukuthi, sisenamandla okufumana inzuzo enkulu kwiintshukumo esinokuthi sizithathe ngeli xesha linzima kubatyali mali abancinci nabaphakathi.
ILogista inyuse inani layo leRhafu nge-6,7% ukuya kwi-4.764,6 yezigidi ze-euro ngenxa yokusebenza okuhle okubhaliswe ngumsebenzi kunye notshintsho kwiikhrayitheriya zokunikwa kwengxelo yengeniso ePortugal, ukuzilungelelanisa neQela lonke. Ngaphandle kwempembelelo yolu tshintsho, echaphazela kuphela inani leNgeniso, oku kunyuke nge-4,5%
Intengiso yezoQoqosho ikhule nge-4,1% ukuya kwi-567,4 yezigidi ze-euro xa kuthelekiswa nesiqingatha sokuqala sonyaka ophelileyo, kunye nokunyuka kuwo onke amashishini e-Iberia naseFrance, kunye nokwehla kancinci e-Itali. Kufanelekile ukuqaqambisa ukukhula kweemveliso eziluncedo kuwo onke amazwe, kwiLogista Pharma nakwindawo yoThutho.
Njengesiqhelo, iLogista igcine umgaqo-nkqubo wayo ongqongqo wolawulo lweendleko, othe wenyuka nge-2,4%, ngaphantsi kohlumo olubhaliswe kwiNtengiso yezoQoqosho. Ngenxa yoko, iNzuzo yokuSebenza ehlengahlengisiweyo (i-EBIT ehlengahlengisiweyo) inyuke nge-10,5% ukuya kwi-126,1 yezigidi zeerandi, iNzuzo yokuSebenza (i-EBIT) inyuke nge-7,6% ukuya kwi-93,6 yezigidi ze-euro kwaye umda kwiNtengiso yezoQoqosho unyuke ukusuka kwi-20,9% ukuya kwi-22,2%. Iindleko zokuhlengahlengisa, ngenxa yokuhlengahlengiswa kweziseko zophuhliso eFrance ukuya kwinqanaba elitsha lomsebenzi, zaziphezulu kakhulu kunalezo zonyaka ophelileyo, ukuze iNzuzo yeNzuzo imi kwi-74,1 yezigidi zeerandi, ukubhalisa ukukhula kwe-5% xa kuthelekiswa Isiqingatha sokuqala sika-2018.
I-Azkoyen ibuyele kwi-orbit
IGrupo Azkoyen, ilizwe laseSpain elizinze eNavarra, lifumene inzuzo ye-9,5 yezigidi zeerandi ekupheleni kwekota yesithathu ye-2019, eguqulela ekunyukeni kwe-4,8% xa kuthelekiswa nelo xesha linye lonyaka ophelileyo. Inani elipheleleyo lemali engenayo yeGrupo Azkoyen ikonyukile ngokubhekisele kwiinyanga ezilithoba zokuqala zonyaka ophelileyo nge-6,3% (ipesenti efanayo kumanqanaba otshintshiselwano rhoqo) ukufikelela kwizigidi ezingama-106,6 zeerandi. Oku kukhula kungenxa yokusebenza okuhle kwecandelo leXesha kunye noKhuseleko, elonyuse intengiso yalo nge-11,1%, kunye necandelo lePayment Technologies, elibhalise ukunyuka nge-6,6%.
Ukuba sihlalutya ingeniso ehlanganisiweyo yommandla, kwiinyanga ezilithoba zokuqala zonyaka-mali we-2019, i-18,8% yengeniso ivela eSpain, i-75,7% ivela kwi-European Union kunye ne-5,5% esele isuka kwamanye amazwe apho iQela le-Azkoyen Unobukho bezorhwebo. Olu lwabiwo lobume bendawo luphindayo luphinda uphawu lweqela le-Azkoyen. Kwelinye icala, umda opheleleyo weepesenti unyukile (ukusuka kuma-43% kunyaka ophelileyo ukuya kuma-43,5% namhlanje), ngomxube owahlukileyo wamashishini kunye neemveliso.