Financial dynamics and strategic growth in sugar industry: Comparative analysis of Central and Eastern Europe (2013-2022)

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12220%2F25%3A43909809" target="_blank" >RIV/60076658:12220/25:43909809 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/60460709:41110/25:103518 RIV/60076658:12510/25:43909809

Výsledek na webu

<a href="https://ufj.nuft.edu.ua/indexpreen.html?doi=10.24263/2304-974X-2025-14-1-14" target="_blank" >https://ufj.nuft.edu.ua/indexpreen.html?doi=10.24263/2304-974X-2025-14-1-14</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.24263/2304-974X-2025-14-1-14" target="_blank" >10.24263/2304-974X-2025-14-1-14</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Financial dynamics and strategic growth in sugar industry: Comparative analysis of Central and Eastern Europe (2013-2022)

Popis výsledku v původním jazyce

Introduction. It is explored the financial dynamics and strategic growth of the sugar production sector focusing on six countries: the Czech Republic, Austria, Germany, Poland, Hungary, and Slovakia, over the period 2013-2022. Materials and methods. To analyze the performance of sugar-producing companies in the Czech Republic and neighboring countries, it was employed a two-stage analytical approach, involving the calculation of normalized linear trends and Principal Component Analysis of company characteristics averages and normalized trends. Results and discussion. The first principal component accounted for 46.43% of the total variance, which clearly indicates that company size plays a dominant role in defining their financial profiles. Larger companies such as Suedzucker AG and Agrana Zucker GMBH score highly on this component, reflecting their substantial financial resources, capital, and operating revenue. The second principal component (PC2), which accounted for 23.10% of the total variance, was crucial in highlighting the growth potential of sugar-producing companies. While large firms like Suedzucker AG demonstrated limited growth (negative PC2), smaller companies demonstrated considerable growth potential. For example, Pfeifer &amp; Langen Polska S.A. The third principal component (PC3), which explained 12.75% of the variance, offered insights into the equity development and financial health of companies. This component is especially important because it highlights how companies manage their liabilities (creditors) and working capital to maintain financial stability. The analysis highlights regional and company-level variations in financial performance, identifying key drivers such as company size, equity management, and growth potential. At the company level, larger firms demonstrate stability but limited growth, while smaller firms show strong development potential, emphasizing strategic adaptability as a critical factor for success. At the country level, the Czech Republic and Poland emerge as dynamic markets with robust financial bases, while Germany and Austria reflect mature industries with lower growth potential. Hungary and Slovakia, despite financial challenges, exhibit opportunities for development. This study underscores the importance of balancing financial health, innovation, and sustainability for the long-term resilience of the sugar sector. Principal Component Analysis (PCA), while powerful for identifying patterns, does not capture all the underlying causes of financial dynamics, such as market competition, consumer preferences, or regulatory changes. Conclusion. It is highlighted diverse dynamics affecting financial stability, growth, and sustainability. Larger firms dominate the market but show limited growth potential, while smaller firms demonstrate stronger growth trajectories. Countries like the Czech Republic and Poland have strong financial positions, whereas Hungary needs improved financial strategies to enhance competitiveness.

Název v anglickém jazyce

Financial dynamics and strategic growth in sugar industry: Comparative analysis of Central and Eastern Europe (2013-2022)

Popis výsledku anglicky

Introduction. It is explored the financial dynamics and strategic growth of the sugar production sector focusing on six countries: the Czech Republic, Austria, Germany, Poland, Hungary, and Slovakia, over the period 2013-2022. Materials and methods. To analyze the performance of sugar-producing companies in the Czech Republic and neighboring countries, it was employed a two-stage analytical approach, involving the calculation of normalized linear trends and Principal Component Analysis of company characteristics averages and normalized trends. Results and discussion. The first principal component accounted for 46.43% of the total variance, which clearly indicates that company size plays a dominant role in defining their financial profiles. Larger companies such as Suedzucker AG and Agrana Zucker GMBH score highly on this component, reflecting their substantial financial resources, capital, and operating revenue. The second principal component (PC2), which accounted for 23.10% of the total variance, was crucial in highlighting the growth potential of sugar-producing companies. While large firms like Suedzucker AG demonstrated limited growth (negative PC2), smaller companies demonstrated considerable growth potential. For example, Pfeifer &amp; Langen Polska S.A. The third principal component (PC3), which explained 12.75% of the variance, offered insights into the equity development and financial health of companies. This component is especially important because it highlights how companies manage their liabilities (creditors) and working capital to maintain financial stability. The analysis highlights regional and company-level variations in financial performance, identifying key drivers such as company size, equity management, and growth potential. At the company level, larger firms demonstrate stability but limited growth, while smaller firms show strong development potential, emphasizing strategic adaptability as a critical factor for success. At the country level, the Czech Republic and Poland emerge as dynamic markets with robust financial bases, while Germany and Austria reflect mature industries with lower growth potential. Hungary and Slovakia, despite financial challenges, exhibit opportunities for development. This study underscores the importance of balancing financial health, innovation, and sustainability for the long-term resilience of the sugar sector. Principal Component Analysis (PCA), while powerful for identifying patterns, does not capture all the underlying causes of financial dynamics, such as market competition, consumer preferences, or regulatory changes. Conclusion. It is highlighted diverse dynamics affecting financial stability, growth, and sustainability. Larger firms dominate the market but show limited growth potential, while smaller firms demonstrate stronger growth trajectories. Countries like the Czech Republic and Poland have strong financial positions, whereas Hungary needs improved financial strategies to enhance competitiveness.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2025

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Ukrainian Food Journal

ISSN

2304-974X

e-ISSN

2313-5891

Svazek periodika

14

Číslo periodika v rámci svazku

1

Stát vydavatele periodika

UA - Ukrajina

Počet stran výsledku

20

Strana od-do

164-183

Kód UT WoS článku

001508990200012

EID výsledku v databázi Scopus

2-s2.0-105008019600