Sustained but slow recovery in 2011
Deloitte Belgian CFO Survey Q4-2010
CFOs enter 2011 in good spirits. CFOs optimism about the financial prospects for their own business remains high and keeps rising. Our optimism balance has reached the highest reading since the launch of the survey.
94% of the CFOs expect a “slow recovery” and stay optimistic about an erratic and sluggish recovery for next year. “V shaped” recovery is not an option in the eyes of the CFOs. Few CFOs expect a "double dip" scenario.
CFOs expectations related to timing of accelerated demand for their products and services has remained relatively stable in the past 3 quarters: demand started to accelerate in the second half of 2010, and this is expected to continue throughout 2011.