European CFO Survey


European CFO Survey Spring 2019

Eyes on demand

The Deloitte Ireland CFO Survey report presents the insights from CFOs across 20 countries in Europe on market and business sentiment. Economic and political events in the past few months have dented the confidence of CFOs, although their expectations for the next few months remain fairly positive – particularly among CFOs in countries within the euro area.

Irish CFOs depart from the European decreased capex and hiring trend

Expected capital spending and hiring in the next 12 months continues to decline across Europe, but not so in Ireland, according to those who took part in our CFO survey this spring. Increased capital expenditure in the next 12 months is anticipated by 68% of Irish CFOs (64% in H2 2018). 65% of Irish CFOs also expect to increase employee numbers in the next 12 months, an increase from 58% in our previous survey. Revenue growth is predicted with 84% of Irish CFOs expecting increased revenue growth over the next 12 months (74% in H2 2018). 



Highlights from the H1 2019 Ireland CFO Survey: 


  • 68% of CFOs anticipate an increase in capital expenditure over the next 12 months, an increase from H2 2018 (64%).
  • 65% of CFOs expect to increase employee numbers, an increase, up from 58% in H2 2018.
  • 84% of CFOs expect to achieve revenue growth over the next 12 months, an increase from H2 2018 (74%).
  • CFOs reporting a high level of external financial and economic uncertainty is at 58%, down from 71% in H2 2018.
  • Geopolitical risks, economic outlook, and shortage of skilled professionals are the top 3 concerns facing Irish CFOs
  • 33% of CFOs are more optimistic compared to six months ago; however, 42% of CFOs were more optimistic six months prior.
  • Cost control and organic growth are the top two strategic priorities for CFOs in 2019. 


Deloitte Ireland CFO Survey Spring 2019

About the European CFO Survey

Since 2015, the European CFO survey has brought together the views of CFOs from across 20 European countries, providing an overview of CFO’s hiring and investment intentions, their opinions on the business outlook, critical risks, strategic priorities and factors they consider vital for success.

With more than 1,400 CFOs participating in this edition, the European CFO survey has established itself as one of the largest regularly occurring C-Suite surveys in Europe. The survey has been recognised by clients, academics, business associations and policy makers alike.

Countries have included: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Luxembourg, Netherlands, Norway, Poland, Portugal, Russia, Spain, Sweden, Switzerland, Turkey and the United Kingdom.

Did you find this useful?