Eureka! Institutional Repository

The main goal of this study is to analyze and compare the profitability of the Agricultural Corporate Partnership AL.M.ME S.A. The present study investigates financially the Agricultural Corporate Partnership in an intertemporal comparison of ten years, between 2008 and 2017. The data analysis was done by using indexes and the emerged conclusions are related to the advantages and disadvantages of this company and whether the financial positions are improving or worsening over time. From the results of the survey it was found that the financial risk, the business risk and liquidity affect the efficiency of the company, which is moving in low levels. Additionally, it shows low net profits which may be due, either to the financial recession in the particular sector either in phenomena like the increase of the cost of purchased or produced products and operating costs without the corresponding increase of their selling prices. Also, the significant decrease in sales prices due to intense competition, and also to the type of business, are factors that seem to affect the company's profitability. Furthermore, the effectiveness with which are involved their funds is reduced, as the ratio of its dept obligations to the total of its capitals is quite high. Nevertheless, the company manages through the severe recession that affects our country, to respond to its liquidity, to cover interest and obligations and generally to appear, even marginally, as profitable. However, in relation on the above state, of the company, explanations should be found and be based on actual operating conditions of the Greek economy during the under considered period. Therefore, we conclude that, despite the problematic situation which generally appears by the agricultural cooperatives in our country, ALMME SA seems to be able to cope within this difficult economic environment and be effective, as it promotes its products with modern methods in European and international markets but also in our country.