Barometr EFL dla HoReCa na II kwartał 2025:
- Subindeks: 52,7 pkt. (+2,7 pkt. kw./kw.)
- Inwestycje: 18 proc. przedsiębiorców planuje większe inwestycje (13 proc. w IQ2025)
- Sprzedaż: 18 proc. przedsiębiorców prognozuje wzrost sprzedaży (13 proc. w IQ2025)
- Płynność finansowa: 14 proc. przedsiębiorców prognozuje poprawę płynności finansowej (13 proc. w IQ2025)
- Finansowanie zewnętrzne: 10 proc. przedsiębiorców prognozuje większe zapotrzebowanie na finansowanie zewnętrzne (24 proc. w IQ2025)
– Drugi kwartał, który historycznie był dla HoReCa najtrudniejszy, dziś pokazuje oznaki stabilizacji
i rosnącego optymizmu. Od dwóch lat widzimy wyraźną zmianę sezonowości: wiosenne święta i długi weekend majowy coraz silniej wpływają na wzrosty w branży. Obecny wynik subindeksu – 52,7 pkt – to nie tylko kontynuacja pozytywnego trendu, ale również jeden z najwyższych rezultatów w ostatnich czterech latach. Dobrze rokuje także rosnący odsetek firm planujących inwestycje i przewidujących poprawę sprzedaży. Patrząc w przyszłość, spodziewamy się jeszcze lepszego odczytu w III kwartale – sezon urlopowy może przynieść rekordowe obłożenie. Zwłaszcza, że Polska ponownie staje się modnym kierunkiem turystycznym wśród Polaków. Jak wynika z badania Rankomat.pl, aż 52% Polaków planuje spędzić tegoroczny urlop w kraju, co jest zdecydowanie wyższym wynikiem niż wcześniej. To realna szansa na silne odbicie – mówi Radosław Woźniak, prezes zarządu EFL.
Branżowy wskaźnik Barometru EFL dla HoReCa na II kwartał br. wyniósł 52,7 pkt., +2,7 pkt. kwartał do kwartału. Jest to drugi wzrost wskaźnika z rzędu i jeden z najwyższych wyników dla tego sektora w ciągu niemal czterech lat, kiedy w III kwartale 2021 wyniósł 59,9 pkt. Wyższy był tylko w III kwartale 2024 roku (52,9 pkt.).
Lepsze w porównaniu do poprzedniego kwartału są przede wszystkim prognozy dotyczące sprzedaży. 18% hoteli, restauracji i firm cateringowych prognozuje wzrost zamówień w swoich lokalach w najbliższych miesiącach tego roku. Kwartał wcześniej takiej odpowiedzi udzieliło 13% przedsiębiorców. Największa grupa restauratorów, hotelarzy i firm cateringowych nie spodziewa się jednak większych zmian w porównaniu do ostatnich miesięcy ubiegłego roku (73%), a pesymistycznie na ten okres roku patrzy 9% zapytanych.
Prognozy sprzedażowe nie pozostają bez wpływu na płynność finansową. Jej poprawy spodziewa się 14% przedsiębiorców, a pogorszenia 10%. Dla porównania, w I kwartale tego roku pogorszenia kondycji finansowej spodziewało się dwa razy więcej firm (20%).
Na nieco wyższą w porównaniu do poprzedniego pomiaru wartość subindeksu Barometru EFL dla HoReCa na II kwartał br. duży wpływ miały również prognozy w obszarze inwestycji. 18% przedsiębiorców planuje większe inwestycje. Kwartał wcześniej tak odpowiedziało 13% zapytanych, a pod koniec 2024 roku zaledwie 8%. Największa grupa badanych, 72%, jest zdania, że poziom inwestycji nie zmieni się w ujęciu kwartalnym, a wciąż 10% obawia się ich zmniejszenia.
– Jeśli utrzyma się obecna tendencja wzrostowa, a wakacyjny popyt dopisze, 2025 rok może okazać się pierwszym od czasów pandemii, w którym sektor HoReCa wróci do pełnej rentowności i długofalowych planów rozwoju – podsumowuje prezes EFL.
Wartość głównego indeksu Barometru EFL na II kwartał 2025 roku wyniosła 50,6 pkt. Osiągnięty poziom jest o 0,1 pkt. niższy niż w I kwartale 2025 roku.

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Barometr EFL jest syntetycznym wskaźnikiem informującym o skłonności firm z sektora MŚP do wzrostu (tj. rozwoju rozumianego, jako stawianie sobie przez przedsiębiorstwa celów związanych ze wzrostem sprzedaży i produkcji, ekspansją na nowe rynki i maksymalizacją zysków, co jest związane z inwestycjami w środki trwałe). Prognozowana na dany kwartał kondycja finansowa firm MŚP daje punkt odniesienia do wnioskowania o zakładanym kierunku zmian, które sprzyjają wzrostowi lub działają hamująco na rozwój firm. Badanie przygotowywane jest przez Ecorys na zlecenie Europejskiego Funduszu Leasingowego SA., a jego wyniki są publikowane co kwartał. Jego uczestnicy to mikro, małe i średnie firmy terenu całej Polski. W badaniu wzięła udział reprezentatywna grupa 600 mikro, małych i średnich firm. Aktualna edycja badania odbyła się od 1 do 28 marca 2025 roku.
źródło: EFL
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