EFCEM Europe wide State of the Market Survey

This survey was conducted by EFCEM ​to gather further detail about the effects of the coronavirus pandemic on the European foodservice equipment market.

​In summary, the survey generally paints a positive picture but financially there are some immediate struggles:

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• ​62 respondents, the highest we have ever had.
• An increasing number of respondents expect to be operating at 100% sales as we move through six months (23%), twelve months (46%), and eighteen-month (63%) periods. 
• Governments are supporting their respective industries and everyone that required support has received it.
• Most respondents are supporting staffing costs rather than making staff redundant
• Customers are paying on time with only 19% of respondents experiencing problems collecting payments
• More companies are relying on support, in the November / December issue 65% had not required any support in the form of grants or loans, that has now fallen to 52%.
• Insurance claims have proved difficult with all those that have applied not yet being successful.
• National government support has taken the form of financial aids for staff and businesses forced to close. Grants for affected businesses. Increased subsidies. Tax credits.

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