Argentine Companies Project Growth for 2027 Amid Economic Transition

Nearly 70 percent of Argentine companies expect their sales to grow by 2027, according to a survey conducted by EY Argentina and the Instituto Argentino de Ejecutivos de Finanzas (IAEF). The findings were presented during the 47th Annual Convention of the IAEF in Puerto Iguazú. The survey of over 100 major companies indicates that 68 percent anticipate sales growth and 53 percent expect improved profitability by 2027. Approximately 50 percent of respondents plan to increase investments, with 70 percent of those funds targeted toward capital goods and technology.

Recent performance has been more varied. Over the last year, 51 percent of companies reported sales growth, a decrease from 62 percent in the previous survey, while 32 percent reported a decline. Regarding profitability, 32 percent saw improvement, 30 percent remained stable, and 34 percent experienced a decline. Financing remains a challenge, as 31 percent of companies rely on self-financing for operations and expansion, while 22 percent use local banks. To improve competitiveness, 61 percent of executives cited the need for tax and administrative simplification.

Conference speakers highlighted a divide in the current economy. Pablo Miedziak, president of the IAEF, noted that while sectors like energy, mining, and agribusiness are growing, other industries struggle with competitiveness and demand. He emphasized that structural reforms must produce visible results for the general population to avoid the historical political pendulum of shifting policies every four years. Both center-right sources report on the data, though they emphasize different aspects of the event. One focuses on the statistical projections of growth and investment, while the other highlights the warnings from business leaders regarding the sustainability of the current economic model.