expect revenues to increase in the next. 12 months. Expansion. In 11/19 countries expansionary strategies are the priori
European CFO Survey CFOs switch focus to the longer term Q3 | November 2017
The Survey's Q3 results have highlighted that European CFOs are feeling a lot more confident. A mixture in the reduction in uncertainty and a rise in optimism means that they believe their financial prospects are improving and, as a consequence they are more confident about shifting their focus from the short- to the long-term.
We’re at a crossing point Uncertainty Q3 2016
63% Q3 2017
44% Q3 2017
Where to next?
32%
Optimism Q3 2016
1%
��� ��� ��� A net balance of 32% of CFOs feel more optimistic about the financial prospects of their company
A net balance of
A net balance of
level of uncertainty as high, however this is the fourth survey in which this number has gone down
expect revenues to increase in the next 12 months
44% of CFOs rate the
59% of CFOs
What is on the mind of CFOs
CAPEX
Expansion
In 11/19 countries expansionary strategies are the priority
42% expect to increase in next 12 months
Labour
38% expect the number of employees in their company to increase
Risk
Skilled labour shortage and geopolitical risk
What CFOs are less concerned about
Interest rates
57% believe interest rates will increase but 50% then say it will have little impact on their business
Weakness in demand Shortage of capital
It's time to think long-term
CAPEX intentions are highest since Q1 2015
Recruitment in 15/19 countries is higher than last quarter
