Danish companies are in excellent shape

In the shade of the recession, Danish companies have cost-saved and optimized their way to progress. Annual statements will reveal an expected high income for the majority of enterprises.

Danish companies are in good health, pending the end-of-year results, as they are expected to present increasing incomes, writes the Jyllands-Posten daily newspaper.

- 2011 has been a good year for the Danish firms and we expect additional progress in 2012. Among the companies that we are analyzing we expect roughly 80 percent of them to increase their revenues compared to last year. Only about 21 percent will experience a decrease. Optimizations and a successful currency support this development, explains Head of Stock Analysis in Sydbank, Bjørn Schwarz.

Especially companies in the healthcare and financial sectors are expected to experience a high rate of consolidation and financial improvement.