K&H SME confidence index: domestic enterprises expect moderate results

On the basis of the latest datas of the K&H SME confidence index, the surveyed five hundred CEOs presuppose an average of a 4.3 percent revenue growth and a 2.5 percent profit growth for the next year.

This indicates that the domestic small and medium-sized enterprises (SMEs) except the micro-enterprises, significantly decreased their revenue and profit expectations.

The survey results show that a drop occurred in next year’s revenue expectations.

Contrary to the previous quarter’s 5 percent sales growth expectations, in the second quarter an average of only 4.3 percent increase in revenue is expected. (MTI)