Domestic companies expect more revenue from exports

Domestic companies are calculating modest financial results, compared to the beginning of the year. The sector expects an average of 2.4 percent in revenues and a 1.4 percent profit growth – according to the data of K&H. The companies expect larger growth from exports than from domestic sales – piacesprofit.hu wrote.

Domestic companies revised their financial expectations for the next year. “According to the data of K&H, the sector expects an average revenue growth of 2.4 percent. Compared to the beginning of the year, a clear decline occurs (2.9 percent), which is is below the expectations of the Central Bank’s predicted inflation of 2.6 for the next year. But compared to the lows of a year ago (1.6 percent) it is still a favorable level”- Peter Roebben, Head of K&H’s Business customers division summed. (piacesprofit.hu)