IABM News

Headline	Global Broadcast And Media Technology Industry Reports Stronger Profits
Article	Largest Companies Make Greatest Gains Broadcast and media technology suppliers in Europe and North America continue to improve their profitability despite a slowing of sales growth over recent months according to the Q1 2007 Industry Index published by the IABM, the organisation that represents broadcast and media technology suppliers worldwide. The group of more than 60 broadcast and media technology suppliers tracked in the Index represent more than US$7.4bn of sales over the last year accounting for some 65% of the value of the global technology supply industry for the sector. The turnover split in the Index between North American and European companies is currently precisely 50:50. The annual growth in sales is strong at 11% but is down from a high of just over 16% in May 2006 whereas the profit to sales ratio is at 12%, its highest level since the Index started a year ago. Interestingly, the industry’s largest companies appear to be taking an increasing share of the market with larger companies experiencing the greatest mean sales growth at 15.6 per cent, in comparison to 8.9 per cent for medium and 5.6 per cent for small companies. IABM chief executive Roger Crumpton comments: “This data shows signs that the broadcast and media technology supply industry, traditional dominated by small specialised suppliers is maturing into one with significant global players.”
Company	IABM
Date Published	12/3/2007