Retail trade is likely to perform the best this year
K&H’s latest SME confidence index reveals that the sales revenue of SMEs is about to grow by 8.3 percent in 2020, while their profit is expected to increase by 5.2 percent. Roland Kökény, the head of SME segment marketing at K&H added that the original forecasts were reduced from 9.4 percent and 6.2 percent, respectively, in comparison with the previous quarter, but these values are still among the highest in recent years.
In this quarter it isn’t micro-business but medium-sized enterprises that calculate with a stronger year: their sales revenue expectations jumped from 7.3 percent to 11.2 percent. Profit-wise it is also them that are the most optimistic, actually their profit expectations doubled to 7.5 percent. //
Related news
Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >The security of smartphone payment is equal to that of a bank card
The majority of people in their twenties consider smartphone or…
Read more >5+1 golden rules for protecting our digital devices
The use of digital devices unquestionably makes our lives, online…
Read more >Related news
Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >The Hungarian Marketing Association for the supply of the profession
The Hungarian Marketing Association is actively working for the future…
Read more >