Optimism Returning to Family Companies

Analysis

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The optimism of family companies is returning, as their expectations are improving for the second quarter, according to the latest results of the K&H family companies research, writes hrportal.hu. 

According to K&H's announcement yesterday, the index of family companies currently stands at -3 points, which is a significant improvement compared to -6 and -17 points in the last two quarters. 

The company sub-index showing the prospects of their own company stands at +2 points. The macro sub-index remained at -15 points, in which the opinion regarding the development of the economy did not change compared to the previous quarter. 

The more favorable mood is also reflected in the expected financial results. Family companies expect an average increase in revenue of 2% and a decrease in profit of 2.6% in the next year.

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