IABM News

Headline	Broadcast suppliers storming ahead
Article	Sales are increasing at more than 14% per annum in broadcast and media technology companies worldwide, according to the latest Industry Index published today by the IABM. Sales for European companies are storming ahead at over 17% per annum, while their North American counterparts are growing at just 10.3%. The profit-to-sales ratio stands at 12% with European businesses leading the way as well. Large companies dominate the profit performance with a profit-to-sales ratio of 13% compared to smaller businesses at just 3%. The IABM, as the trade association which represents broadcast and media technology suppliers worldwide, released the index which tracks the financial performance of more than 60 companies who in total report sales of US$8.6bn, representing more than two thirds of the global market. The Index is balanced at 50:50 North America to European companies based on sales turnover. Commenting on the report, Roger Crumpton, IABM Chief Executive Officer said, “Our market is changing fast and companies are achieving an excellent level of performance. The continued roll-out of HD and digital operating infrastructures is supporting that growth.” No of companies included 68 Year on year sales growth (aggregate, total market) 14% Year on year sales growth (mean) 21% % of companies in profit now and 12 months ago 62% % of companies in profit now but loss making 12 months ago 16% % of companies loss making now and 12 months ago 15% % of companies loss making now but in profit 12 months ago 7% Year on year profit growth (aggregate, total market) 18% Operating profit to sales (aggregate total), latest year 12%
Company	The IABM
Date Published	4/12/2007