Tuesday, June 21, 2016

Food Service registers its worst moment

The crisis in the power sector, which began in the last quarter of 2014 and worsening in the second half of last year, according to data from Abrasel (Brazilian Association of bars and restaurants), seems to have reached its most dramatic moment in the first quarter of 2016. According to the survey of Economic Situation of the sector of Food outside the home, held by the Association, 34 percent of companies claim to be operating at a loss, applicant and that has been growing at each edition of the survey. Before we get to that number, the injury began with 5% in the last quarter of 2014, was 15% in the first quarter of 2015 and totalled 25% of the second to fourth quarter of 2015.
Readjustment
Of any budget that the Brazilian is intended for the feeding, on average, one third is spent on food away from home, which means that the consumer did not abandon the bars and restaurants, but, Yes, reorganized their spending range. While the establishments with ticket per customer in the range of $ the Source feature billing up to fall 30%, with tickets under $ 15 come to earn up to 15% more. For the Abrasel, it is important to note that most of this fall is due to a historical seasonality, where the first quarter of the year presents an average reduction of 6% from the last quarter of the previous year.
X Operating cost Inflation
Consumer pressure for more affordable prices don''t have allowed the sector passing cost increases in its entirety, which presses the result of companies. The consequence of this is that 79% of companies reports that their operational costs continue to rise above the general inflation in the country. For the other 13%, the cost increase follows the inflation. Highlights also the growth of 23% of the portion of companies that are recording losses in excess of 5%. The good news is for consumers who, with the worsening of the crisis, the prices charged by the sector fell 1.33 percent, half the inflation measured by the IPCA in the first quarter of 2016 (2.62%).
Competitive pressure
The analysis of competition with the clipping of location on the street or in the Mall leaves obvious greater competitive pressure in shopping malls, with 58% seeing an increase, while the door to the street, the perception of an increase is in 44%. It also influences the decision of entrepreneurs to continue, or not, to your business. Entrepreneurs questioned as the prospects for maintaining the business over the next 12 months, 19 percent foresee dispose of your business, that is, one in five respondents. In fourth quarter of 2015, the number of interested in disposing of the business was lower, 16%.
Forecast for 2016
The vast majority of entrepreneurs believe that their operating costs will close with growth above inflation 2016. In addition, the worsening crisis in the second half of 2015 made 66% of entrepreneurs to predict 1 2016 worse. On the other hand, if only 10% predicted a better year, this time 16% answered that they believe that the business environment will improve in 2016. More than half of the entrepreneurs (55%) believe that the billing of your business this year will be worse than in 2015-pessimism is felt in all regions in a similar intensity. The Association is still maintaining its prediction that the year of 2016 will present real growth and nominal growth of the order of 7.5% in an industry that will resume a slow growth from the third quarter and will end the year with a turnover of 160 billion R$.
Giro News - 21/06/2016 News Item translated automatically
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