Optimism among food and drink manufacturers to be tested as economic conditions deteriorate

Posted on 30 Jun 2022 by The Manufacturer

Almost eight out of 10 leaders in the UK food and drink sector feel positive about the prospects for their business over the coming year but rapidly deteriorating economic conditions will test their resilience, accountancy and business advisory firm BDO LLP has warned.

Key takeaways: 78% of respondents are positive out the prospects for their business in the year ahead 51% expect profitability to increase over the next 12 months 33% say investment in production will offer sales growth opportunities 61% are experiencing difficulties in recruitment

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The new survey from BDO shows a high degree of optimism among…

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