SMEs expect stable profits in addition to falling sales
Compared to the previous year, domestic companies are planning a modest increase of 7.5 percent in sales revenue, while a stable 4.5 percent profit growth is planned for the next year, according to the latest data of the K&H SME Trust Index survey.
Compared to the previous quarters, slightly lower sales growth, but unchanged profit growth is expected in the next year. The recent results from the K&H SME Trust Index show that companies are currently planning a 7.5 percent revenue and 4.5 percent profit growth in the year ahead. In this way, a slow downward trend in revenue dynamics can be observed. At the same time, profit expectations are stable for the third quarter at around 4–4.5 percent. So, the scissors are getting closer to the expected level of revenue and profit.
Related news
K&H SME confidence index: Businesses are still in a negative mood
The hopeful improvement of the K&H SME confidence index seen…
Read more >K&H: This year, companies’ sales may increase above inflation
Compared to the previous ones, the companies expect a slightly…
Read more >Entrepreneurial heritage – the conquest of older companies
The expansion of older companies, the number of companies that…
Read more >Related news
IGD: Retail media and increased efficiency will be important in 2024
This article sets out to summarise the retail trend predictions…
Read more >Vegan activist on Forbes’ prestigious “30 successful Hungarians under 30” list
Raul Vida, the founder of Prove magazine, is the first…
Read more >UEFA and Just Eat Takeaway extend partnership
Just Eat Takeaway has extended its partnership with the UEFA…
Read more >