安迈企业咨询：2026全球企业财务困境风险监测与预警报告（英文版）（13页）.pdf

1、THE A&M DISTRESS ALERT March 2026CONTENTSINTRODUCTION 3KEY FINDINGS 6SECTOR HIGHLIGHTS 7COUNTRY TRENDS 8METHODOLOGY 12HOW A&M CAN HELP 12CONTACTS 132CORPORATE DISTRESS SPREADS ACROSS EUROPE AS BUSINESSES STRUGGLE WITH FRAGILE DEMAND AND TRADE INSTABILITYINTRODUCTIONFinancial distress is accelerating

2、 and becoming more entrenched across European businesses as mounting macroeconomic and geopolitical pressures eroded both earnings and balance sheet resilience in 2025.According to the latest Alvarez&Marsal(A&M)Distress Alert(ADA),13.5%of companies in Europe are now classified as distressed,the high

3、est level since at least 2022 and up from 8.6%in 2024.All nine regions covered in the analysis recorded an increase in the proportion of distressed companies in 2025.Among major economies,the weakest spots were Italy(18%of businesses identified as distressed),followed by France(16%),Nordics and Germ

4、any(both with around 15%).In the UK,corporate distress has continued to rise,with 9%of companies classified as distressed,up from 7%in 2024.How we define distressAccording to the ADA methodology,companies classified as likely to be in distress have significant deficits in terms of both their financi

5、al and earnings situation.They have insufficient liquidity and/or inadequate and unsustainable capital structures and,at the same time,weak/insufficient profitability,both on a stand-alone basis as well as compared to their industry peers.Read more about the methodology on page 12.France and Germany

6、 among the top distressed markets;UK distress levels continue to rise A record 36%of European businesses lack balance sheet robustness Discretionary Retail,Manufacturing,Chemicals,Automotive are some of the most distressed sectorsTHE A&M DISTRESS ALERT|MARCH 20263The ADA assesses the balance sheet r