Optimism among Swedish CFO's is increasing. Swedish companies have been largely unaffected by recent sovereign unrest and financial market turbulence. In fact, according to Swedish CFOs, the business climate has improved significantly since our survey in February. Concerns regarding falling demand are decreasing and companies believe Asia will drive growth. More companies expect to increase staffing and profit expectations for 2010 remain high.
Here you can hear Ebba Lindahl, head of SEB Credit Research, talk about this and other findings from a recent survey among Swedish financial officers.