Wednesday, March 22, 2023

Household appliance industry is becoming more optimistic

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The Swiss household appliance industry is optimistic about the future

The providers of household appliances such as refrigerators, ovens and vacuum cleaners have experienced a conciliatory end of the year. And according to the Swiss Association of Electrical Appliances for Households and Business (FEA), the situation should continue to improve.

Published: 14 minutes ago

The household appliance industry has become somewhat more confident for the first quarter of the current year. Three months ago she had expected a less rosy future. (icon picture)

Only 13 percent of the companies surveyed described the earnings situation in the fourth quarter of 2022 as “poor”, the association announced on Monday. In the previous quarter, every fourth company complained about poor earnings.

However, only 17 percent of the companies rate their earnings situation as “good”, after 30 percent in the previous quarter. 71 percent of the companies surveyed are currently speaking of a “satisfactory” earnings situation.

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