The first edition of a PwC Malta survey titled ‘CEO Confidence Tracker’ has shown that only eight per cent of local CEOs reported that the business they lead performed worse when compared to the previous quarter.

This survey was carried out during late August and September and involved over 50 CEOs of leading local companies.

In general, the survey suggests that business in Malta has signalled a rebound during the past months and a significant majority of CEOs hold either a stable or positive outlook for the subsequent six months.

52 per cent of participating CEOs indicated that their business has performed better when compared to the previous quarter. This portion of CEOs also believes that this is a signal of the anticipated road to business recovery to pre-pandemic sales.

40 per cent of respondents indicated that the same level of business has been reported when compared to the previous quarter.

The same 50 CEOs were also asked about their respective business outlook for the forthcoming six months.

34 per cent of these expressed an upbeat and positive outlook, 50 per cent suggested that they hold a stable outlook, whilst 16 per cent anticipated a subdued level of business.

Related

Work from home / Unsplash

Mindfulness in the digital workplace shields employees from burnout, study finds

26 February 2024
by Fabrizio Tabone

The UK-based study highlights that businesses need to manage digital workplace hazards alongside other risks such as psychosocial and physical ...

Malta investment insights: GTG Managing Parter Ian Gauci

24 February 2024
by Robert Fenech

He provides his expert advise on the latest edition of Malta Invest, a global investment guide focusing on Malta as ...

Co-Founder Danica Fava reflects on ‘rollercoaster’ 20 years leading Outdoor Living Malta

23 February 2024
by Fabrizio Tabone

Looking back, she pinpoints five key lessons she has learnt throughout her journey, including the challenges of leading a team ...

Trevor Mallia named CEO at AME Health and Safety Services Ltd

23 February 2024
by Fabrizio Tabone

He has over 28 years of sales, marketing, and consulting experience from a diverse range of companies.

Close Bitnami banner
Bitnami