Surge in number of CFOs predicting return to growth

The number of chief financial officers (CFOs) of Irish companies predicting a return to growth in their companies as early as the second half of 2010 has more than doubled, according to the Quarter 2, 2010 Deloitte CFO Survey.

In addition, almost two thirds of CFOs see profits growing again before year-end, the highest reading since the survey began last summer.