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October 2018
Management Consulting
Sectorwatch
The management consulting industry has been successful over the past years resulting from strong corporate profit and increased business expenditure that triggered higher demand for advisory services. The industry is expected to continue expanding alongside growth in the broader macroeconomy. Information Technology is expected to comprise a key growth area for operators, while sectors such as healthcare will provide new business opportunities.
Industry Trends:
- Current revenue growth rate exceeds the average of the last 3 years, indicating that market momentum is increasing
- Current gross profit margin exceeds the average of the last 3 years gross profit margin, indicating supplier pricing power
- Current EBITDA margin exceeds the average of the last 3 years EBITDA margin, a condition that may attract new entrants
