63% of manufactures predict that their sales will increase by over 5% this year, according to a survey of participants at a BDO Ziv Haft and Manufacturers Association of Israel conference. This figure includes 22% of manufacturers who expect more than 8% sales growth.
20% of manufacturers expect 2-5% sales growth this year, and the rest expect less than 2% sales growth.
8% of manufacturers expect their operating profit to fall in 2011, while 62% expect it to increase by more than 7%.
33% of manufacturers said that growth in emerging markets was a great opportunity for growth in industry, 33% said that it was a modest opportunity, and 31% said that it was a small opportunity.
15 of manufacturers predict a drop in competitiveness and rise in real prices in foreign markets, which could strongly affect industrial growth in Israel.
27% of the conference participants were manufacturers of companies with annual turnover of over NIS 300 million, 7% of the companies have an annual turnover of NIS 100-300 million, and 64% have an annual turnover of less than NIS 100 million. 66% of the companies were private and 34% were public.
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