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Business impact of COVID-19

European businesses forecast very challenging 2021 in major new survey

1 min read

The FINANCIAL — The 28th annual edition of the EUROCHAMBRES Economic Survey (EES2021) reveals the scale of the impact of COVID-19 on businesses across Europe, which predict a very difficult year ahead. The findings reinforce chambers’ call for swift measures to support financial liquidity and strengthen market access, also underlining the need for a business-friendly approach to the EU’s long-term policy agenda. Published today, EES2021 provides a snapshot of the European business community’s expectations for next year based on responses from over 58.000 businesses in 29 countries. The results show decreases across all indicators – domestic sales, exports, employment, investment and overall business confidence.…

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European businesses forecast very challenging 2021 in major new survey

1 min read

The FINANCIAL — The 28th annual edition of the EUROCHAMBRES Economic Survey (EES2021) reveals the scale of the impact of COVID-19 on businesses across Europe, which predict a very difficult year ahead. The findings reinforce chambers’ call for swift measures to support financial liquidity and strengthen market access, also underlining the need for a business-friendly approach to the…

Nestle reported organic sales growth in the first 9 months of the year

7 mins read

The FINANCIAL — Nestle today reported nine-month sales for 2020. Organic growth reached 3.5%, with real internal growth (RIG) of 3.3% and pricing of 0.2%. Growth was supported by continued strong momentum in the Americas, Purina PetCare and Nestlé Health Science. Zone AOA reached 4.5% organic growth in the third quarter. Divestitures and foreign exchange reduced sales by 12.9%. Total…