Swiss firms fast to publish figures
It seems that Swiss companies can hardly wait to share their annual figures.
The typical Swiss firm needs just 52 days – making it much faster than its European counterparts, who take 73 days on average.
That’s according to a study released on Wednesday by software provider ifb and consulting network BPM. Worldwide, the economic crisis drove businesses to offer a prompt look into their ledgers.
In 2009, the fastest Swiss firm was SGS, an inspection and certification company in Geneva; it published its consolidated annual report in just 15 days.
Logitech, the Morges-based computer mouse maker, got its numbers out in 22 days.
Meanwhile, Basel pharmaceutical concern Novartis released its figures after 26 days.
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