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The Deloitte CFO Survey

2013 Q2 results

Recovery continues

Growth: 56% of CFOs have a positive economic outlook for Switzerland, while only 5% have a negative outlook.

Less tension: 1.25 is the average expected exchange rate for the Swiss Franc to the euro in 12 months, which is significantly higher than the exchange rate floor.

Mixed corporate outlook: 36% report an improvement in their company’s financial situation during the last three months, while 19% have seen a deterioration.

Moderate risks: 50% consider the weakening demand from foreign markets as a risk compared to 65% a year ago.

Cash is King: 81% state that increasing cash flow is their highest strategic priority.

Capital expenditure: 31% expect higher capital expenditures in the next 12 months, twice as many as a year ago.

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