40% of WSE-listed companies are family firms

Family-owned businesses constitute 40% of companies on the Warsaw Stock Exchange, as per a Grant Thornton and GPW report. Financial results for 2021-2022 showed improvement, but challenges arose in 2022 due to Russia's invasion of Ukraine, impacting external financing costs and net profit. Family businesses, known for secure management, demonstrated resilience.

The Grant Thornton Family Index (GT 20) highlighted their higher returns with lower volatility than major market indices. The study also revealed a trend of preparing companies for succession through family foundations. Succession processes, however, remain limited, with 80% of family businesses still owned by founders.

Source: strefainwestorow.pl