We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
RSS FeedRisk

CFOs in PE less optimistic than 2011

After revenue growth, protection of margins through cost-cutting is the 2nd priority for CFOs in PE

Article comments

Finance chiefs at private equity-backed businesses are less confident about revenue growth than a year ago, adding further pressure to the government’s plan for private business to offset austerity measures in the public sector.

A new study by Deloitte showed on Monday that the number of CFOs that are optimistic about revenue growth - the top priority - over the next 12 months, fell to 54 percent from 70 percent a year ago.

The second priority for CFOs over the coming year included the protection of margins through cost-cutting.

There are fewer plans to exit a business in the next 12 months due to market uncertainty, the study showed, with only 4 percent saying they were going to sell a business, down from 18 percent the previous year.

An initial public offering as a possible exit route would only be considered by 4 percent of those polled this year, compared to 17 percent last year, marking the biggest fall, compared to other routes. A trade sale would be the most popular route for CFOs or a secondary buy-outs to another private equity owner.

“The results of the survey very much reflect current market sentiment and we have seen a dip in the overall outlook for the coming months,” said Emma Cox, lead partner for Deloitte’s private equity-backed business team.


Recommended Articles


CFOs in PE less optimistic than 2011

How Nokia helped and hindered Microsoft's earnings

How Nokia helped and hindered Microsoft's earnings

The Nokia Devices and Services business helped boost Microsoft's revenue, but hurt profitsmore ..

Lords: Google cannot decide what data should be forgotten

The EU's right to be forgotten ruling 'must go'more ..

Bankers may face seven-year clawback on bonuses

New rules could mean bankers could have their bonuses clawed back up to seven years after they received them if appropriatemore ..

Fraudsters get younger as tech savvy youth fund extravagant lifestyles

“Youth doesn’t always equal innocence” says KPMG fraud expertmore ..

Can shaky cyber security scupper an M&A deal?

In M&A a cyber attack on a target company could have a material impact on its valuemore ..

Why CFOs are changing their thinking on sustainability

Pernod Ricard CFO Gilles Bogaert has nailed his 'green' colours to the mastmore ..

Send to a friend

Email this article to a friend or colleague:

PLEASE NOTE: Your name is used only to let the recipient know who sent the story, and in case of transmission error. Both your name and the recipient's name and address will not be used for any other purpose.

In Depth
Can finance rise to the challenge of major transformation?

Can finance rise to the challenge of major transformation?

Outdated finance processes, systems and competencies leave too many questions unanswered more ..

In Depth
Interim CFO or consultant? The pros and cons

Interim CFO or consultant? The pros and cons

Ed Harding offers an insight into the life of an interim CFO and the advantages in driving transformation more ..


* *