News from 2016-10-25 / KfW Research
KfW SME Panel 2016
SMEs are using their financial buffers – but not boosting investment
Germany’s small and medium-sized enterprises presented themselves superbly in 2015 and lived up to their reputation as the country's job engine. Their turnovers grew steadily, their European business expanded, and their profitability and equity base remained high. SMEs used the financial buffer they built up in the past and employed more funds of their own than ever before to finance their investments. Despite the favourable financing environment, however, investment remained stagnant. But the outlook for the future remains positive and optimism is increasingly gaining the upper hand. Buoyed by a robust labour market, domestic demand will remain a reliable source of growth as well. This points to robust growth for SMEs.
Share page
To share the content of this page with your network, click on one of the icons below.
Note on data protection: When you share content, your personal data is transferred to the selected network.
Data protection
Alternatively, you can also copy the short link: https://www.kfw.de/s/enkBbm2u.BdSA
Copy link Link copied