European CFOs optimistic on profitability growth
European insurance chief financial officers are optimistic about increasing profitability, with a Moody’s survey finding nearly half of CFOs predicting their operating profit would grow between five and 10% in the next year.
Moody's analyst Laura Perez-Martinez said: "Profitability expectations among surveyed CFOs were generally high, and more optimistic than our own view. Nearly half of responding CFOs said they expected
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