The amount of the IR budget depends on the size of the company
Depending on the size of the company, the company has up to two million euros and more at its disposal for IR activities:
- However, around a third of the companies surveyed have an annual IR budget of between 250,000 and 500,000 euros.
- About one fifth of the companies have an IR budget of less than 150,000 euros. This applies in particular to companies that do not belong to any index.
- In general, index companies plan to have a larger IR budget than non-index companies. However, just 4 percent of the companies have an IR budget of more than two million euros, whereby this particularly affects DAX companies.
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EY – Building a better working world
Source of Datas: EY:Budget planning in the Financial Communications and in the disclosure, page. 17. https://bit.ly/3g8FJVI