European CFO Survey with Portugal insights Autumn 2020
More K than V: a patchy recovery
Since 2015 Deloitte has conducted the European CFO survey, twice a year, inquiring senior financial executives from across Europe. The data for the Autumn 2020 edition was collected in September 2020 and garnered responses from 1,578 CFOs in 18 countries and across a wide range of industries.
- In general, Portuguese CFOs feel more optimistic regarding their companies’ financial prospects for the next three months than they did in the last CFO Survey edition in March (39 per cent versus 13 per cent accordingly), showing some confidence recovery after some relieve of the restrictive measures of the 1st wave of the pandemic.
- The level of uncertainty regarding the overall level of external financial and economic uncertainty facing their business remains high and they are amongst the less optimistic in Europe. 17 per cent consider their companies to be already at or above pre-COVID level, while 49 per cent expect to return to pre-crisis level only from the second half of 2021 forward.
- Almost 50% of the Portuguese CFOs consider their revenues, number of employees and CAPEX are likely to decrease in the next 12 months, which reflects a decline in these expectations when compared to spring survey – where only 29 per cent expected CAPEX to decline.
- For Portuguese CFOs the top priority is cost reduction, hitting an all-time high (92%), followed by digitalization. Regarding growth strategies, growth in existing markets and introducing new products and services have a higher priority than expanding by acquisition or entering new markets.
Consulte as edições anteriores
European CFO Survey with Portugal Isights Spring 2020
A perspective on COVID-19
European CFO Survey with Portugal Insights Autumn 2019
Into the woods
European CFO Survey with Portugal insights Spring 2019
Eyes on demand
European CFO Survey with Portugal Insights Autumn 2018
Not so fast!
European CFO Survey with Portugal Insights Spring 2018
High expectacions. Still.
European CFO Survey with Portugal Insights Q3 2017
European CFO Survey with Portugal Insights Q1 2017
European CFO Survey with Portugal Insights Q3 2016
Surrounded by uncertainty
European CFO Survey with Portugal Insights Q1 2016
Fasten your seat belts
European CFO Survey with Portugal Insights Q3 2015
Looking on the bright side
Um passo à frente da mudança
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