The financial woes in the Eurozone and the still very nervous financial markets could not impact the payment behaviour of German companies in the third quarter of 2011. Most companies still do very good business, which is reflected by their good liquidity. In the third quarter, 87.52 percent of German companies paid their bills in due time - an increase by 0.12 percent compared to the second quarter (87.4 percent). Average delay of payments is 6.9 days - still a very low level and half a day better than in the previous quarter.

The full press release is available in the German language press section.

Christian Noack

Manager Public Relations

D&B Deutschland GmbH

Havelstraße 9

64295 Darmstadt

T: +49 6151 1375 736

F: +49 6151 1375 99 736

M: +49 175 7237786

noack@dnbgermany.de