Capitalising on the recovery?
The Australasian story We are delighted to introduce you to our second Capital Confidence Barometer – a unique ongoing study that measures corporate confidence in a changing market.
Six months on from our inaugural study, this second survey of executives from some of the world’s largest companies has delivered interesting – and encouraging – results. It shows that not only has the broader economic outlook improved, but also the outlook for industry generally.
The survey shows that businesses have switched their focus from paying down debt to actively pursuing growth strategies, and are now more willing and able to acquire. M&A is back on the agenda with many deferred investments now going ahead. As we head towards a post-downturn environment, survey participants have told us that there is now more than ever a strong requirement for greater transparency around future earnings of potential acquisition targets.
Fundamentally, our findings continue to underline one critical fact: how you manage your capital today will define your competitive position tomorrow.
As the local economy strengthens and optimism in the capital markets increases, those companies that have access to capital can use it to enhance competitive position. Many businesses are also preparing to raise and invest capital while maintaining cautious discipline around how they preserve and optimise their capital position.
This information – gathered from major industry players across 51 countries, including Australia and New Zealand – provides clarity around the views that will shape the direction of the marketplace and assist you in analysing your own current position and future plans.
A snapshot of the key findings from the Australasian (Australian and New Zealand) respondents to the Capital Confidence Barometer are highlighted below:
