White Horse Employment says Wiltshire businesses set to grow

Friday, 10th August 2012

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A snapshot of the Wiltshire business outlook has been taken by Trowbridge-based White Horse Employment, which invited 1,500 businesses to take part in the Business Outlook Survey 2012.

They headline finding was optimistic, revealing that 54.4 percent of respondents predicting growth in 2012, and that, despite tough economic conditions, 43.5 percent saw an increase in their turnover in 2011 from 2010, while 40.3 percent saw an increase in their net profit.

However, 28.4 percent reported a decrease in their net profit values in 2011 from 2010, and around one in five (20.3 percent) expected their turnover to decrease in 2012.

On the jobs front, 35 percent of respondents predicted an increase in staffing levels in 2012. Twelve percent said they expected to take on apprentices.

And more than half of respondents said they would be introducing new products or services in 2012, with only 1.6 percent planning to decrease their offering.

Beverley Glover, managing director of White Horse Employment, said: “It is encouraging to see local businesses feeling more confident and many organisations predicting a period of growth in 2012.”

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