Major insolvencies as of Q1 2019

Major insolvencies as of Q1 2019

Focusing on firms with a turnover exceeding EUR50mn, our Q1 2019 monitoring points to a high frequency of major insolvencies (83, -1 case from Q1 2018). Based on their financials, we calculate that these insolvent companies represented a higher combined turnover of EUR45.5bn (+4% or +EUR1.9bn vs Q1 2018). This suggests a worsening severity of global insolvencies, which could have serious effects on providers along supply chains.

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