World Economy

Irish SMEs Optimistic

Irish SMEs Optimistic  Irish SMEs Optimistic

Irish SMEs are strongly optimistic about their future growth prospects according to new research carried out on behalf of Virgin Media Ireland, Business World reported. Some 85% of respondents are expecting good growth over the next 12 to 24 months. This positive outlook has implications for employment with 37% expecting to increase their number of employees over the same period. The leaders of 200 companies with 1-12 employees were interviewed directly by Amarach Research. Equally encouraging is the fact that more than half (58%) of the companies surveyed are expecting their total revenues to increase while 54% expect productivity to improve.