European CFO Survey Q1 2017
Recovery continues
An optimistic outlook
Political shifts and external risks that have dominated headlines for the past two years led to ongoing uncertainty for CFOs. The Q1 2017 survey results shift, with corporates across Europe now more optimistic about their business prospects.
The data presented in this report shows encouraging evidence of their heightened optimism: a net balance of +25% of Europe’s CFOs reported higher degrees of optimism when asked about the financial prospects for their firms compared to three/six months ago. This rise in optimism in 17 of the 19 countries polled has come at a time when CFOs’ perceptions of external uncertainty are falling; although a majority still believe uncertainty to be above normal, this is the third consecutive quarter where perceptions of uncertainty have fallen.
Crucially, the improved outlook for Europe is also being reflected in CFOs adopting a much more positive attitude towards strengthening their company’s performance. Encouraging signs include increased risk appetite, a shift towards capital expenditure, an upwards swing in hiring and a positive outlook for revenues and margins.
- European CFO Survey Q1 2017 (Download the report)
- European CFO Survey Q1 2017 (Download the Greek press release)
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