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Stock impact report

European Companies That Accelerate Both Digital and Sustainability Transitions Will Recover Faster from the COVID-19 Crisis, Finds Research from Accenture

Accenture plc Class A Ordinary Shares (Ireland) (ACN) 
Last accenture plc class a ordinary shares (ireland) earnings: 3/19 06:44 am Check Earnings Report
US:NYSE Investor Relations: investor.accenture.com
Company Research Source: Business Wire
Companies expect recovery to take up to 18 months on average DAVOS, Switzerland--(BUSINESS WIRE)--European companies that accelerate both their digital and sustainability transitions are likely to recover faster and emerge stronger from the COVID-19 crisis, according to a new report from Accenture (NYSE: ACN).“The European Double Up: A twin strategy that will strengthen competitiveness,” launching during The Davos Agenda week, finds that European business leaders expect to return to their pre-pandemic profit levels in 18 months on average.According to the report, the COVID-19 crisis has resulted in a divergence in European companies’ resilience and growth prospects:Half (49%) of European companies have been reporting revenue or profit decline for the past 12 months and don’t expect any improvement in the next 12 months.One-fifth (19%) of European companies had strong financial performance before the pandemic but now expect negative revenue or profit growth in the next 12 months. Th Show less Read more
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