Nordea’s new research report, “Going to work on working capital,” examines figures from 184 publicly listed Nordic companies, exposing the vastly unused opportunity to optimise working capital management – and free up a total of €65 billion.
Since Nordea's first WCM report released in 2015, Nordic companies are still lagging behind European rivals in this area, with negligible change in the past 12 months. Even though treasuries see working capital as an important part of their responsibilities, it’s not a top priority or an area that many treasury teams are measured on. But there’s greater urgency than there was a year ago. Regardless of your sector or ownership, every business is affected by the low-growth, low interest-rate market that we’re in.
The full report is available here: https://insights.nordea.com/go/working-capital/
Planning and optimising working capital could mean:
- Benefiting from extra liquidity and related cost efficiencies
- Aligning treasury with other areas of the business to achieve common goals
- Becoming a strategic voice at C-suite level
Contact Katri Benckert in Nordea Transaction Banking Communications and Marketing for more information.
Tel: +46 10 1563604 | Mob: +46 738665776 | E-mail: firstname.lastname@example.org
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