Turnover growth sharply down and continuing decline in profitability: IABM Industry Index
Tewkesbury, 2nd July 2009: Suppliers of broadcast and media technology products and services are now feeling the full impact of the global economic downturn, according to the latest Industry Index (www.theiabm.org/index) from the International Association of Broadcasting Manufacturers (IABM). The index tracks the state of the industry through an analysis of published financial statements from a basket of small, medium and large companies. Global sales increased by 7.9% year on year, a sharp decline from...
