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Half of Estonian businesses expect profits to increase in the next 12 months

A total of 58 percent of Estonian business operators expect their revenue to increase in the next 12 months, while 52 percent of respondents anticipate an increase in profits during the same period, a survey by financial services company Grant Thornton indicates.

Altogether 32 percent of Estonian business operators expected exports to increase, ERR News writes.

“The survey was conducted in 36 countries and interviewed 2,500 businesses,” Grant Thornton marketing and communications manager Gerli Soosalu said. “The survey was carried out in Estonia by pollster Kantar Emor, during which 50 Estonian business operators were interviewed. The survey was conducted over the phone, at random, and interviews were carried out either with the company’s CEO or CFO.” The survey was carried out in the second quarter of 2017.

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