Deloitte CFO Survey - Riders on the currency storm
Q1 2015 Results
In September 2009 Deloitte successfully launched a quarterly survey of Chief Financial Officers and Group Finance Directors of major companies based in Switzerland. The Survey gauges their attitudes towards the outlook for business, financing, risks and strategies and is designed to identify trends and key themes in the Swiss corporate sector. The CFO Survey is the only survey of its kind in Switzerland.
CFOs are much more pessimistic about the prospects for the Swiss economy than in Q4 2014. Just 10% still rate prospects as positive, compared with 60% who rate them as negative. A substantial majority of CFOs also expect their company’s revenues and margins to decrease over the next 12 months.
Following the removal of the exchange rate floor against the euro, the percentage of CFOs identifying the Swiss Franc as an external risk has risen sharply, from 39% to 71%.
There is clear agreement among CFOs as to the measure they would most like the government or the Swiss National Bank to take in response to the rise in value of the Swiss Franc: 71% support a prompt and business-friendly implementation of major reform projects within Switzerland.
Key findings of the CFO Survey
About the CFO Survey
The survey comprises 20 questions which recur each quarter and around 10 questions unique to the financial conditions of the previous quarter. This allows us to provide you with both specific feedback on the market conditions relevant to the previous quarter, as well as ongoing trend analysis regarding how financial conditions are evolving and how your peers are reacting to them.
The CFO survey brings the views of CFOs to a wide audience in the media and among policy makers and is a valuable benchmark for CFOs.
Explore the data
Download the PDF to access all the historical data series from the Deloitte CFO Survey since Q3 2009. Please feel free to use any of the data series in your documents or presentations.