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The vast majority of mechanical engineering companies are confident that they will return to the nominal sales level of 2019 in the medium term. However, the order situation remains tense for the time being.
The vast majority of mechanical engineering companies is confident that in the medium term they will return to the nominal sales level of 2019. This is the key message of the latest VDMA flash survey on the corona pandemic, in which 658 member companies took part. "80% of our members expect to achieve nominal 2019 sales levels again by 2022 at the latest. About 40% of the companies with annual sales of less than 250 million euros expect this step to be achieved as early as 2021. The larger companies are somewhat more what is the difference between computer science and computer engineering in this respect, with only 22% of companies with annual sales of 500 million euros or more showing this confidence," says VDMA Chief Economist Dr. Ralph Wiechers.
The vast majority of mechanical engineering companies is confident that in the medium term they will return to the nominal sales level of 2019. This is the key message of the latest VDMA flash survey on the corona pandemic, in which 658 member companies took part. "80% of our members expect to achieve nominal 2019 sales levels again by 2022 at the latest. About 40% of the companies with annual sales of less than 250 million euros expect this step to be achieved as early as 2021. The larger companies are somewhat more what is the difference between computer science and computer engineering in this respect, with only 22% of companies with annual sales of 500 million euros or more showing this confidence," says VDMA Chief Economist Dr. Ralph Wiechers.
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