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Around 40% expect revenue to fall in the current year, while 23%
expect them to stagnate, according to the VDMA.
"Quite a few companies had pinned their hopes on a positive
second half of 2024. However, in terms of incoming orders, these
hopes have not materialized for many," said VDMA economic
analyst Ralph Wiechers.
Some 22% of the 932 companies surveyed expect a decline in
investment this year due to a lack of planning security and a
reliable economic and political environment, according to the
VDMA. More than half expect to increase investments in 2025.
The overall picture has tended more towards the negative, said
Wiechers. Almost a third of companies rate their situation as
"bad" or "very bad", while 29% rate it "good" or "very good".
He added that a slight majority of companies had been more
optimistic at the beginning of the year.
(Reporting by Chiara Holzhaeuser, editing by Miranda Murray)
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