IABM finds industry confidence 'high'

Confidence amongst broadcast manufacturers is high, with more than 57% reporting increased confidence for 2006 compared to only 9% who thought otherwise, concludes the first ever IABM (International Association of Broadcasting Manufacturers) Industry Trends Survey published today and produced in association with Ernst & Young.
The IABM Industry Trends Survey - which will be conducted quarterly – provides an accurate assessment of current industry sales facts and wider trends from those on the front line: IABM members. It has been carefully designed to allow member companies to provide up-to-date information anonymously via the internet. The full results are available only to participants.
Twice as many members of the IABM reported that the value of orders had increased compared to those reporting decreases in the quarter from July to September 2005. More than 60 broadcast manufacturers and media technology businesses from around the world responded to the survey and they reported planned increases in Research and Development investment and increases in headcount for 2006.
“Our members are very positive about the outlook at present,” commented Roger Crumpton, IABM CEO. “This is against a backdrop of continued investment in HD throughout the broadcast value chain, a number of key sporting events on the horizon and continued investments in file-based solutions and other new broadcast methodologies.”
Jonathan Dunn, Director Mergers & Acquisitions, Ernst & Young, added: “The results of the survey show that this industry is leaner and meaner than it was five years ago, but it’s still pointing to continued growth.
“M&A activity in the sector suggests that the supply chain is streamlining to take maximum advantage of structural changes in the broadcasting business. IABM members include many of the movers and shakers in this industry.”
(GB)