Document: 2019-02_CEMA_Business_Barometer_Report.pdf

After a period of losses starting from the record highs at the beginning of last year, the general business climate index is maintaining on high level with little changes over the last months.

Based on the previous order intake, a high turnover level is already secured for the coming months. Corresponding to a production period of 3.2 months, the order stock of the agricultural machinery industry in Europe is again nearly as high as at the beginning of last year.

The continued excellent business climate in the area of livestock is overcompensating the rather mediocre business climate in the arable segment. The expectations of the component manufacturers appear correspondingly unstable over the last months, depending on the segment orientation.

The regional breakdown shows for nearly all European markets, a majority of survey participants expecting turnover increases. The outlook for France remains very positive. An additional boost is coming now from Spain, as well as from Switzerland and Austria. At relatively low confidence levels, remain the Czech Republic, the Benelux and Scandinavian countries. 

 Barometer February 2019