{"id":452145,"date":"2026-09-03T13:46:08","date_gmt":"2026-09-03T11:46:08","guid":{"rendered":""},"modified":"2026-09-03T13:46:09","modified_gmt":"2026-09-03T11:46:09","slug":"profitability-in-austrias-manufacturing-sector-declined-slightly-in-2025","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/452145\/","title":{"rendered":"Profitability in Austria's Manufacturing Sector Declined Slightly in 2025"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-452145","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"In 2024, the cash-flow-to-sales ratio in the Austrian manufacturing sector stood at 8.4 percent, below the long-term (revenue-weighted) average of 9.2 percent. In 2025, according to econometric estimates by WIFO, it fell slightly to 8 percent. The decline reflects the weak economic momentum. For 2026, preliminary estimates suggest that profitability will stabilise at a level below the long-term average.","onlinedate":"2026-09-03 11:46:10","lang":"German","publication_series":"","publication_date":"20260903","publication_date_year":"","publication_date_full":true,"publication_num_pages":"","keywords":"[]","jelcodes":"[\"L25\",\"M21\"]","related_publications":"[\"f8a9f36e-0e7c-4a2c-b85e-9c12e4f16e08\",\"2c4ef150-e5c4-491e-b59f-db9a5b39b7b8\",\"08c4f092-8750-4f54-96c4-c4f876cc30ef\",\"6e8b34a8-1569-4289-bf1b-6c2be4e6493b\"]","pdf":452147,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"99","monthly_report_pages":"405-416","monthly_report_pages_sort":"405","issue":"8","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44312],"research_groups":[3491],"collaboration":"","persons":[3488,3762,12159],"persons_data":"[{\"personId\":3488,\"personName\":\"Agnes K\u00fcgler\",\"organisationNames\":[]},{\"personId\":3762,\"personName\":\"Nicole Schmidt-Padickakudy\",\"organisationNames\":[]},{\"personId\":12159,\"personName\":\"Arash Robubi\",\"organisationNames\":[\"Austrian Institute for SME Research\"]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"
K\u00fcgler, A.<\\\/span>, Schmidt-Padickakudy, N.<\\\/span>, & Robubi, A. (2026). Ertragskraft der \u00f6sterreichischen Sachg\u00fctererzeugung nahm 2025 etwas ab<\\\/span>. WIFO-Monatsberichte<\\\/em><\\\/span>, 99<\\\/em>(8), 405-416.<\\\/div>\",\"vancouver\":\"
K\u00fcgler A<\\\/span>, Schmidt-Padickakudy N<\\\/span>, Robubi A. Ertragskraft der \u00f6sterreichischen Sachg\u00fctererzeugung nahm 2025 etwas ab<\\\/span><\\\/span>. WIFO-Monatsberichte<\\\/span>. 2026 Sept 3;99(8):405-416.<\\\/div>\",\"bibtex\":\"
@misc{9ed367b2510f485c84edd010f91f9a2b,<\\\/div>
title = \\\"Ertragskraft der {\\\\\\\"o}sterreichischen Sachg{\\\\\\\"u}tererzeugung nahm 2025 etwas ab\\\",<\\\/div>
abstract = \\\"2024 lag die Cash-Flow-Umsatz-Relation in der {\\\\\\\"o}sterreichischen Sachg{\\\\\\\"u}tererzeugung mit 8,4\\\\% unter dem langj{\\\\\\\"a}hrigen umsatzgewichteten Durchschnitt von 9,2\\\\%. 2025 sank sie nach {\\\\\\\"o}konometrischen Sch{\\\\\\\"a}tzungen des WIFO geringf{\\\\\\\"u}gig auf 8\\\\%. Der leichte R{\\\\\\\"u}ckgang spiegelt die Konjunkturschw{\\\\\\\"a}che wider. F{\\\\\\\"u}r das Jahr 2026 deuten vorl{\\\\\\\"a}ufige Sch{\\\\\\\"a}tzungen auf eine Stabilisierung der Ertragskraft auf unterdurchschnittlichem Niveau hin.\\\",<\\\/div>
keywords = \\\"Cash-Flow, Ertragskraft, Eigenkapital, {\\\\\\\"O}sterreich\\\",<\\\/div>
author = \\\"Agnes K{\\\\\\\"u}gler and Nicole Schmidt-Padickakudy and Arash Robubi\\\",<\\\/div>
year = \\\"2026\\\",<\\\/div>
month = sep,<\\\/div>
day = \\\"3\\\",<\\\/div>
language = \\\"Deutsch\\\",<\\\/div>
volume = \\\"99\\\",<\\\/div>
pages = \\\"405--416\\\",<\\\/div>
journal = \\\"WIFO-Monatsberichte\\\",<\\\/div>

}<\\\/p><\\\/div>\",\"ris\":\"

TY - GEN<\\\/p>

T1 - Ertragskraft der \u00f6sterreichischen Sachg\u00fctererzeugung nahm 2025 etwas ab<\\\/p>

AU - K\u00fcgler, Agnes<\\\/p>

AU - Schmidt-Padickakudy, Nicole<\\\/p>

AU - Robubi, Arash<\\\/p>

PY - 2026\\\/9\\\/3<\\\/p>

Y1 - 2026\\\/9\\\/3<\\\/p>

N2 - 2024 lag die Cash-Flow-Umsatz-Relation in der \u00f6sterreichischen Sachg\u00fctererzeugung mit 8,4% unter dem langj\u00e4hrigen umsatzgewichteten Durchschnitt von 9,2%. 2025 sank sie nach \u00f6konometrischen Sch\u00e4tzungen des WIFO geringf\u00fcgig auf 8%. Der leichte R\u00fcckgang spiegelt die Konjunkturschw\u00e4che wider. F\u00fcr das Jahr 2026 deuten vorl\u00e4ufige Sch\u00e4tzungen auf eine Stabilisierung der Ertragskraft auf unterdurchschnittlichem Niveau hin.<\\\/p>

AB - 2024 lag die Cash-Flow-Umsatz-Relation in der \u00f6sterreichischen Sachg\u00fctererzeugung mit 8,4% unter dem langj\u00e4hrigen umsatzgewichteten Durchschnitt von 9,2%. 2025 sank sie nach \u00f6konometrischen Sch\u00e4tzungen des WIFO geringf\u00fcgig auf 8%. Der leichte R\u00fcckgang spiegelt die Konjunkturschw\u00e4che wider. F\u00fcr das Jahr 2026 deuten vorl\u00e4ufige Sch\u00e4tzungen auf eine Stabilisierung der Ertragskraft auf unterdurchschnittlichem Niveau hin.<\\\/p>

KW - Cash-Flow<\\\/p>

KW - Ertragskraft<\\\/p>

KW - Eigenkapital<\\\/p>

KW - \u00d6sterreich<\\\/p>

M3 - WIFO-Schriftenreihen<\\\/p>

VL - 99<\\\/p>

SP - 405<\\\/p>

EP - 416<\\\/p>

JO - WIFO-Monatsberichte<\\\/p>

JF - WIFO-Monatsberichte<\\\/p>

ER - <\\\/p><\\\/div>\"}","scientific_assistance":"[]","scientific_review":"[\"Friesenbichler Klaus\"]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"\nProfitability in Austria's Manufacturing Sector Declined Slightly in 2025 - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wifo.ac.at\/en\/publication\/452145\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Profitability in Austria's Manufacturing Sector Declined Slightly in 2025\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/452145\/\" \/>\n<meta property=\"og:site_name\" content=\"WIFO\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WIFOat\/\" \/>\n<meta property=\"article:modified_time\" content=\"2026-09-03T11:46:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wifo.ac.at\/wp-content\/uploads\/2024\/05\/WIFO-Gebaeude-FotoAlexanderMueller-www.alexandermueller.at-IMG_6326-Bearbeitet-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@WIFOat\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/452145\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/452145\\\/\",\"name\":\"Profitability in Austria's Manufacturing Sector Declined Slightly in 2025 - 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