Insolvency World Cup 2014: Who will score fewer insolvencies?

5/1/2014 - Report
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In 2013, insolvencies decreased by -3% thanks to brighter prospects in the second half of the year. In 2014, we expect insolvencies to fall by -8%, a decrease which is expected to continue in 2015, but to a lesser extent (-3%).

This good news does not mean that companies are fully back to their A-game in 2014: the number of companies going bust is still 13% above pre-crisis levels (2003-2007). While operating profits are faring better, turnovers are often flat pointing to fiercer price competition, and sluggish demand.

Our analysis by country, industry and company size emphasizes how unevenly the industrial fabric is recovering, highlighting major pockets of risks.
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Insolvency World Cup 2014: Who will score fewer insolvencies? - Report