EY: The world economy is not spinning, but company managers are optimistic
The majority of CEOs expect profit growth this year, despite the unfavorable global economic environment, according to EY’s latest international survey of 1,200 CEOs in 21 countries, including France, Germany, and Italy. Decision-makers focus on increasing efficiency and would speed up organizational transformations.
Nearly two-thirds of business leaders expect rising revenues (64%) and profitability (63%), despite the fact that three-quarters (76%) believe that the world economy will barely grow. The vast majority of respondents (78%) believe that interest rates will remain high in the long term due to inflation.
“According to my expectations, this year can bring a revival in the domestic economy. Although the operating costs of companies will no longer fall to the level before the epidemic, the CEOs also realized this. And with organizational transformations, profitability can be increased even on a difficult course through increasing efficiency and reducing costs.”
emphasized dr. Péter Vaszari is a partner in EY’s area dealing with corporate takeovers and acquisitions.
Related news
National protein research: This is how Hungarians stand in terms of protein intake
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Global front lines on the food essentials market: beyond bread
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Trade isn’t an obstacle – it can also be a tool for sustainability
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
K&H Analyst Commentary: Hungarian industry continues to decline
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >KSH: industrial production fell by 7.3 percent compared to the same period of the previous year and by 2.3 percent compared to the previous month
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >NGM: fixed 3 percent SME loan launched on October 6
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >