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Financial Performance of Elan Corporation Plc

Report on business performance of Elan Corporation. The purpose of this review is to upon the instruction from , Corporate Finance Lecturer to evaluate financial performance and position of Elan Corporation Plc. In order to produce this report we used financial technique based on ratio calculations. To have better view and understanding of Elan’s financial position we compared ratios obtained from 2009 versus 2008. We also looked at the financial ratios of one of the main Elan’s competitors and industry average.

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language english
wordcount 2317 (cca 6.5 pages)
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Preview of the essay: Financial Performance of Elan Corporation Plc

Date: 01.12.2010 Subject: Financial Performance of Elan Corporation Plc Introduction The purpose of this review is to upon the instruction from __________, Corporate Finance Lecturer to evaluate financial performance and position of Elan Corporation Plc. In order to produce this report we used financial technique based on ratio calculations. To have better view and understanding of Elan’s financial position we compared ratios obtained from 2009 versus 2008. We also looked at the financial ratios of one of the main Elan’s competitors and industry average. Company trading information Elan is a neuroscience-based biotechnology company headquartered in Dublin, Ireland. In 2009 company celebrated its 40th year of operations, ...





... Standing Notice Due to difficulties in finding sufficient and complete data for the industry average we were forced to use data obtained for another Elan’s competitor to make our analysis more reliable and understanding. Another obstacle on our way was lack of any note in the annual report relating to the market price per share for 31.12.2008 and 2009. We have come to consensus that it’s important to get these prices to reflect company’s position on the market. In order to do that, we have decided to relay on the magic of internet and obtain this information from www.nyse.com
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