Businesses in Ukraine expect revenue growth in 2024.

Wednesday, March 13, 2024
Businesses in Ukraine expect revenue growth in 2024.

In 2024, top managers of Ukrainian companies predict mostly positive or stable dynamics of change in their incomes. According to an EBA survey, 41% of CEOs expect an increase in revenues in dollar terms, 35% expect revenues to remain at last year’s level, and 24% predict a decrease in revenues.

A similar trend is observed in the natural expression of income. According to the data, 78% of member companies operate at full capacity, compared to 54% last year. The number of companies that are limited in their activities has decreased from 46% last year to the current 21%. However, the most common limitation remains the reduction in the geography of the companies’ activities, and currently, 1% of the surveyed companies have suspended their activities.

Despite losses from the war, business’ financial stability has endured. About 46% of companies have financial reserves sufficient for more than a year. Also, air alerts, which force companies to suspend operations, affect the operational stability at 70% of the surveyed companies.

 

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