EY: CEOs around the world are optimistic – growth can start

By: Trademagazin Date: 2024. 07. 10. 14:59

Compared to last year, managers are more optimistic about growth prospects, according to EY’s latest international survey of 1,200 CEOs and 300 institutional investors in 21 countries, including France, Germany, and Italy. Taking advantage of the expected expansion, more and more people are thinking about acquisitions.

The majority of CEOs participating in the EY research expect revenue and profit growth (60% and 65%). Their forecast matches the expectations of investors, who primarily expect expansion, as well as digital developments and cost optimization from CEOs.

“Based on market expectations, the Hungarian economy may gradually revive in the next two years, as inflation and interest rates are expected to decrease in addition to GDP growth. Companies should prepare for more favorable prospects and, by improving efficiency and reducing costs, create a resource for the long-term expansion of the organization.”

emphasized dr. Péter Vaszari is a partner in EY’s area dealing with strategic consulting and transactions.