There are more and more unprofitable companies, but traders, unlike shareholders of such Companies, can still earn on it. In particular, we suggest paying attention to Companies from the EU, where there has long been an economic downturn. Most of all, as usual, manufacturers of various raw materials and automotive enterprises suffer. As it became known a week earlier, Renault revised its losses forecasts for 2019 upwards and expects sales to decrease due to the weak demand for cars in Europe. In addition, the Company is suffering additional losses due to the introduction of new, stricter ecological standards in the EU, requiring Renault more resources to develop new engines. On October 18, the company's shares fell by 15% and this is not the limit if the economic situation in the EU does not improve.
Another car manufacturer experiencing financial difficulties is the British Rolls-Royce. Over the past 8 months, the company's shares have fallen by 29%. Thus, traders were able to increase their income by 29% in less than a year. Despite the fact that Rolls-Royce focuses on very wealthy buyers, this legendary manufacturer is also experiencing difficulties in the face of stiff competition. Today, Rolls-Royce is a division of the more successful manufacturer BMW, but this does not save the company from financial problems. In addition, being in Britain, the Company is under pressure because of Brexit.
Trading with Renault, Rolls-Royce and other European companies' shares is available on our ECN accounts. Do not miss the opportunity to make money on unprofitable Companies. Choose the most unprofitable company today and make a profit by opening the deals to SELL.
