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General

Three quarters of German ICT firms expect Covid-19 to cause decline in revenues

Monday 4 May 2020 | 10:16 CET | News
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Three out of four German companies (74%) active in the ICT sector expect revenues to decline as a result of the coronavirus pandemic, while only 8 percent expect a positive impact on their sales, according to the Bitkom-ifo-digital index. Six out of ten companies (62%) in the ICT sector that expect losses think they can recover from the drop in revenues partially (54%) or completely (8%).

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Categories: General
Companies: Bitkom
Countries: Germany
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