Turnover at half mast, cash flow struggling… Red alert on the financial health of French companies

« The shock will be felt in six to nine months »warned a business manager during the Meeting of French Entrepreneurs organized by Medef at the end of August. The 2024 edition of the big bosses' rally was marked by concern about the economic consequences of the political slump triggered by the surprise dissolution of the National Assembly. Almost three months later, it seems that business leaders were not playing Cassandra, while social plans and factory closures are cascading across France.

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Faced with the looming tax shock, companies are already scaling back in France

The food industry giant Bonduelle is abandoning its bagged salad business in Saint-Mihiel, two Michelin sites will close the curtain in France, more than 2,389 jobs will be cut at Auchan, the closure of three sites of the equipment manufacturer Valeo threatens 1000 jobs in the region, thousands of small construction companies cannot resist the crisis in the sector… Week later…