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Satnews Daily
March 16, 2010
IABM — Decline In Global Broadcast Tech Supplier Biz (SatBroadcasting™)
IABM, the industry association that represents broadcast and media technology suppliers worldwide, has announced the publication of its latest Industry Index ,which tracks the financial performance of supplier companies in the sector.
Global sales turnover by those supplying technology to broadcast and media companies has declined by 7.2 percent for the last 12 months, as compared to the prior 12 months. There are indicators, however, that during the last quarter of 2009, the decline was halted. Almost half the companies (47 percent) in our sample are loss making in this latest 12 month period, with some 29 percent of organizations moving from profit into loss. Overall profitability has fallen by 12.5 percent, but the global profit to sales return remains at around 11 percent, reflecting again the structural changes that have taken place within organizations in order to maintain satisfactory shareholder returns. The first three quarters of 2009 were very difficult for the industry but signs appear more positive at the end of the year. European based companies appear to be recovering faster than their North American counterparts. The overview report can be accessed at www.theiabm.org/index.
