ZVEI Expects Double-Digit Decline in Sales
Bild: ©Jürgen Sendel

According to a survey conducted by the ZVEI among its member companies, more than half of the participating companies are already receiving fewer orders than before the crisis began. 26% report a slump in orders. The companies expect an average drop in sales of 14%. ZVEI President Michael Ziesemer (picture): “Around 60% of the companies fear permanent damage to production and supply chains, and even around 70% expect investments to be cancelled if the exit is initiated too late”.

ZVEI e.V.
https://www.zvei.org/en/press-media/pressarea/zvei-umfrage-zu-auswirkungen-des-coronavirus-auf-die-deutsche-elektroindustrie/

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