In 2020, the COVID-19 pandemic has negatively impacted the revenue of tech companies worldwide, resulting in cost-cutting. Of respondents, 39 percent saw a reduction in expenses and 15 percent saw a large reduction in expenses these past few months. Accordingly, over half the respondents for both revenue and expenses saw some form of a reduction in these past few months since the beginning of the pandemic.

In the wake of COVID-19 and associated lockdowns, small businesses in every state saw a negative change in their revenues when compared to revenues before the pandemic began. Businesses in states like New York, New Jersey, and Michigan saw some of the ******* declines in revenues. Small businesses in more rural states such as South Dakota, Montana and Nebraska also saw their revenues ******, but **** dramatically then in aforementioned states.

Among the Norwegian production companies which have experienced a decrease in revenue due to the effects of the coronavirus (COVID-19), 25 percent had a decrease of up to 25 percent in December 2020. Furthermore, 29 percent of the surveyed companies experienced a loss between 26 and 50 percent.

Of the *** major companies in the United States and Europe that saw a fall in sales between 2019 and 2020, ** percent had reached revenue levels in 2021 equal to or higher than those recorded in 2019. However, there are significant differences between industries; Whereas companies within healthcare and consumer goods had reached more than 100 percent of the revenue recorded in 2019, less than ** percent of the companies within hospitality and leisure had achieved the same.

In an April 2020 survey, ** percent of CFOs of financial services companies in the United States said they expect their company's revenue and/or profits to decrease as a result of COVID-19. The pandemic has spread across the world since it was first discovered in Wuhan, China at the end of 2019.

Eighty-six percent of managers expect their companies' revenues from the outbreak of coronavirus in Poland to decrease within three months. Only 9.9 percent of them stated that the revenues would remain unchanged, and almost four percent expect growth. At the same time, 36.6 percent of respondents believe that fixed costs will not change, and 9.9 percent that they will go up. A drop of 10 percent is forecast by 23.8 percent of managers.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

According to a survey from April 2020, over ** percent of the retail sector companies in Finland estimated that their revenue had decreased at least by ** percent due to the coronavirus (COVID-19) outbreak. In total, roughly ** percent of the companies experienced some decrease in their revenue. At the same time, every fourth retail sector company reported a revenue increase as a result of the COVID-19 pandemic.

Since the spread of the coronavirus (COVID-19), consumers changed their shopping behaviors and therefore many companies were impacted, some positively, some negatively. According to a survey conducted by Casaleggio Associati among Italian e-commerce companies in March 2020, almost ** percent of the surveyed companies declared that they were positively impacted by the pandemic. However, the same survey run at the beginning of 2021 showed that ** percent of Italian companies saw their turnover increase throughout 2021, while only ** percent of them saw their revenue drop.

In November 2020, roughly ** percent of the Finnish companies expected negative impacts on their revenue development due to the coronavirus (COVID-19) pandemic. Based on survey results, *** percent of the companies estimated that the revenue loss will likely exceed ** percent in December. At the same time, roughly ********* of the surveyed companies expected their revenue to increase or remain at the same level as in the previous year.

As of August 2020, Finnish companies were more confident about their future prospects than in March or April. ** percent estimated that their business will continue to operate despite the difficulties caused by the coronavirus outbreak.

In an online survey of September 2020 targeting German companies in Japan, around ***** in **** respondents stated that they expect the COVID-19 pandemic to affect their revenues negatively this year. Approximately ** percent of all respondents were anticipating a loss in revenues ranging between ** and ** percent. While the majority expected a loss in revenues due to Corona, around **** percent of respondents expected to increase their revenues in 2020 nonetheless.

Between the results of the survey from March and those from April 2020, the percentage of companies in Italy that affirmed that they did not perceive any negative impact due to the coronavirus decreased consistently. At the beginning of March, they amount to **** percent of the panel, whereas in April 2020, this figure dropped to *** percent. On the other hand, the share of companies that stated to expected a severe slowdown in April was equal to **** percent, a significant increase compared to the results from March. However, **** percent of enterprises expected the damage caused by outbreak of this pandemic to be manageable.

In 2020, around 70 percent of the surveyed large-sized FDI enterprises in Vietnam stated that they expected a year-on-year decline in revenue due to the impacts of the COVID-19 pandemic. The same survey reported that nearly 88 percent of the surveyed FDI firms in the country were negatively affected by the pandemic.

More companies in retail, logistics, and pharmaceutical industries recorded an increase rather than decrease in revenue in Russia during the COVID-19 pandemic. The situation was different for consumer goods and industrial production. Approximately *********** of companies in those two industries experienced declines in revenue figures.

In the wake of COVID-19 and associated lockdowns, businesses in both the oil and gas industry and the recreation industry saw a ** percent reduction in revenues when comparing the revenues generated between ********** to ********** with revenues generated between ********** to **********. The top performing industries during the same time period can be accessed here.

Large businesses with a focus on industrial production in Russia expected the highest revenue losses by the end of 2020, at nearly ***** percent. Logistics and transportation companies, on the other hand, estimated an increase in revenue by over ** percent. On average, large businesses in the country projected to see a *** percent increase in their annual revenue.

More than half of Polish entrepreneurs saw revenue declines of more than ** percent at their companies in 2020 compared to the previous year.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

As a result of the coronavirus (COVID-19) pandemic, Spanish tourism businesses registered annual revenue losses of nearly 70 percent in 2020, according to a survey. For 2021, the responding companies operating in this sector saw a revenue decline of around 47 percent in comparison to 2019. In both years, travel agencies were estimated to be the most affected.

The outbreak of coronavirus (COVID-19) in Poland in 2020 had a significant impact on the sales value among micro and small companies. Nevertheless, in mid-May, the situation of micro and small companies improved compared to the beginning of April. The most significant drop in the value of sales among medium and large companies was recorded in the middle, and at the end of April, it concerned 65 percent of medium and 58 percent of large companies.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

The outbreak of COVID-19, also known as novel coronavirus, is impacting the supply chains including the production and shipment of good and products in many industries. Around 12,000 facilities (including factories and warehouses) of the 1,000 largest companies worldwide are located in the Covid-19 quarantine areas in China, Italy, and South Korea. The most affected companies are from the high tech, semiconductors, and consumer electronics industry with 3,238 facilities in the quarantied areas in China.

The coronavirus (COVID-19) is affecting the health and changing the daily life of the German population, but it is also posing serious consequences for some German businesses. According to a survey conducted in November 2020 among 13,000 companies, 7 percent were unable to make an estimate at the time.