European Family Business Barometer: Successful & Resilient

European Family Businesses (EFB) and KPMG Enterprise launch the 5th edition of the European Family Business Barometer, which seeks to measure the confidence levels of family-owned businesses across Europe.
Family businesses prove once again to be successful and resilient. This important market (Europe has approximately 14 million family owned companies providing over 60 million jobs in the private sector,Source: European Family Businesses) continues to demonstrate a high level of confidence and sustainable growth: 54% of surveyed family businesses report an increase in turnover in the previous year; 83% expect further growth in the coming year. However, disparities between companies of different sizes are obvious: among large companies, 74% have increased sales against 57% among mid-sized companies, and 47% among small companies.

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