The International Debt Collections Handbook is a key tool for businesses when it comes to making decisions concerning collections in foreign countries.
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Access a snapshot of the credit risk situation and business performance of 14 major industries in your country. The forecast is based on the assessment of Atradius underwriters.
While businesses´ profits are still stable and financials mainly solid, environmental issues pose a potential major challenge for agriculture and food.
The ongoing concentration process in the domestic market will increasingly put small retailers with a poor capacity to generate cash flow under pressure.
A modest margin rebound, but commodity prices, price wars between retailers, changing consumer habits and difficulties in staff recruitment remain issues.
Domestic metals and steel demand is increasingly affected by subdued investment in the construction sector and a marked demand slowdown from automotive.
The number of protracted payments and insolvencies was high in 2019, and is expected to increase further in 2020, mainly affecting private-owned producers.
For many businesses both demand and profit margins are expected to deteriorate further, with a moderate rebound expected in H2 of 2020 at the earliest.
The sector benefits from the lift of US import tariffs on Canadian steel and aluminium, with profit margins of steel businesses expected to improve again.
Demand for metals and steel is currently impacted by the slowdown in demand from automotive and reduced investment from other manufacturing industries.
Due to a high level of non-performing assets in the sector banks are now unwilling to provide credit to the industry, causing additional liquidity issues.
Lower demand coupled with decreasing sales prices and higher prices for iron ore have led to deteriorating margins of steel producers and distributors.
Competitive price pressure has led to deteriorationg profit margins for steel producers as well as steel and metals distributors over the past 12 months.