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CEDA Q3 confidence survey shows uplift in sales

7th Dec 2017 - 09:25
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Abstract
Results from the Catering Equipment Distributors Association (CEDA) Q3 confidence survey has shown that 54% of its members experienced positive growth against the previous quarter.

Similarly, 52% of members reported better year-on-year sales when comparing Q3 in 2016 with Q3 in 2017.

In its Q4 sales forecast, 46% of members predicted an increase from Q3 while 33% said they expected sales to remain the same.

CEDA said: "Whilst uncertainty still remains over the UK's Brexit negotiations, the results show increased confidence in the industry when compared to the same quarter in 2016, just after the Leave vote.

"What is clear from all the results gathered from the Q3 survey is steady growth across the industry. As in other recent surveys, the majority of sales and enquiries recorded by members from both the public and private sectors are consistent.

"Restaurants continue to dominate private sector enquiries and we hope CEDA members can galvanise this trend by putting their names in front of the booming UK restaurant scene."

Q3 2017 to Q2 2017 sales comparison


Q3 2017 to Q3 2016 sales comparison


Year-to-date sales comparison


Q3 2017 to Q4 2017 sales forecast

Written by
Anonymous (not verified)