Three out of four companies in the consumer goods sector (FMCG) have above average insolvency risk in the next 12 months, according to a market analysis presented by Coface and EY.
According to the document Analysis of consumer goods with big circulation speed (FMCG)made by the international credit insurance company Coface and the consulting and audit company EY, in partnership with the Academy of Economic Studies, over the last 7 years incomes from FMCG have grown by 26%, while the number of companies in the sector dropped by 17%. At the same time, two out of ten companied in FMCG record incomes over 1 million euros.
Despite the consolidate company income increase by 5% …
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