Clearview National September 2016 - Issue 178 - Page 12

INDUSTRYNEWS Survey shows Industry is Cautious in the Face of Uncertain Business Conditions »»THE BRITISH PLASTICS Federation (BPF) latest Business Conditions Survey, which was circulated immediately following the result of the EU referendum vote, gives an insight into how the industry predicts the result of the recent referendum will affect the plastics industry. The survey showed that despite the uncertainty, over half of the companies surveyed were predicting an increase in sales turnover. This is down from 63% in the previous survey but is nowhere near the 8% seen in January 2009 during the depths of the recent recession. Companies were more cautious in their predictions on profitability, with only 20% predicting an increase (down from 32% in the previous survey), with many companies citing exchange rates and the subsequent impact on raw material prices as a reason. Despite these factors, more than half those surveyed were predicting that their profitabi ]B[^HH[YK]H[YHوH[[[[\YX]YX[ۜۈ^ܝ[\ Hو\ۙ[YXY[[ܙX\K]\ق[HYY[HXZۙ\›وH[\H\]]]BY[YK[\YX][\Y[[[[ۜ H]Y]^B[[\YۚYX[H ۂH H^[۝YK]\ۛH LH]Y]^H[Y[\][ ]HXZܚ]Hو\\ JB][]H[8'[\B]x'K\] \]HB[\Z[\[\[\ۛY[ \H\Yۈ]\[Y\‚UTHQUԂ][[Hو[YH[H^][[\Y\X]]XB[\X][ۜۈ\\HZ[x&[Bܚ][]]Ԑ&\[BۈH][Y[ [[Y[[KB[Y]Hܙ[\][ۈ[YܙšۙYKZ\H[[YYX]H[[X[]X][ۋԐ[۝[YBYH\[\\\X[\X [H\Y[H[ۚ]ܚ[H^]›[۝YH[^H] x&UHVRSQ‚\H[[\[[[[\]Z\Y[ [\Y[[[[ۜZ\ܙY\[Y\&H[[[ۜ[\\›وXܝZ]Y[ ]H\ق\[Y\[[[ܙX\BZ\XY[ݙ\H^ L[۝˂']X[H[ۛۜ˜[]H][X][ۈ[B[YX[HXHق]X]\X[[XX[\K]\[\\[][H]™^\[YZ[B\[وHY\[[HHYBHY۝\[YHقH^HXۛZXYX[ۜ8'B[Y[Y[\]\X܂[\[وH]\\X‘Y\][ۋ8'[X[]H][BYH[YH[[HX[Hۛ˜[[\[H[YX]HY\[[HH[]BۈH[\K'BH&\]\\[\ۙ][ۜ\^H\ۙXY[[H[[H M[\˜\]YH LY[X\\\˂L0H M0PTHHHR B\Y\]HYۚYX[ԐY[HR[[YY˜\[H[[]\\›Y[YXYH[HXB[ܙX\\ˈZ]\[HYB\\\ۈHܙ\BXH[H^]YZ˜X]\H\ܙX[\\šYۚYX[]P^]X\ˈ\[[H[H[\[Y[[š[ܙX\\ˈ]\H]\HX[\X[Z[[]\]X][ۈ[[[B[Z[[۝ˈ]\][š\[\Z[]H[ X[H[\H\[BZ\][\XHYX\[\H8$H][ۂو\[\[[]\BY[YܙY[Y[Y\]]B[\[Y[[\[[][\[[\[\X[K]\]X[K[‚X^H][][\XH L\™[[HY\Y H[\؛Hۛš[[][ \x&\˜HܙX]^Z[\H[Hܝ$[[X  ]X^H[X0Y ]H[Y]B&H]\BX[\X[Z[[8&B]8&\]]\H\[\œ[H[]H[$][XZ[HY\X] [ۚ]ܚ[H]X][ۂZ[H[[[\ܝ[KXZ[Z[[]^HX[YB]\Y\ˈ\\X\[B]Ԑ\[[[۝[YH˂[[][X[Y[‘\X܋Ԑ‚[H]HY][^O‘[XZ[XPݙܛ\ ˝Z‚