Finance Professionals in the Americas are Optimistic on Company Performance
Senior treasury and finance professionals in the Americas are extremely optimistic about their company’s performance for the year ahead, despite the challenges that exist in the global economy. This was the result of the ‘Treasury Verdict’ session taken by a live audience poll of senior treasury and finance professionals at the 16th annual EuroFinance conference on International Cash and Treasury Management, held in Miami.
Interestingly, finance professionals in the Americas were much more optimistic (81%) than their counterparts in Asia (67%), who were polled on the same day in Singapore. This bullish mood was also felt, to a slightly lesser degree, when delegates were asked about how they felt about the US economy’s performance over the next 12 months. Some 58% are optimistic for the US economy in the coming year, compared to just 12% who are pessimistic.
Participants identified Latin America as the major area for global growth plans in the future (60%), with only half this number (33%) looking to China and Asia for growth. It seems they were much less positive about the Chinese economy, with the majority of delegates (60%) believing it will slow down further.
Katharine Morton, EuroFinance’s managing editor, said: “It’s refreshing to see such optimism in both American and Latin American companies about their performance over the next year. Latin America clearly remains a big growth opportunity for those operating in the region.”