Sales in the global broadcast technology market increased 11.9% year-on-year according to the latest IABM Industry Index.

The ratio of operating profit to sales for the market as a whole is also up to 12.6%. The return for European companies is much higher, at over 16%, than the 9% achieved by those in North America.

The IABM Industry Index tracks year-on-year change in overall sales and profitability for the global broadcast manufacturing and media technology sector worldwide by examining the latest reported financial data.

New IABM chief executive Roger Stanwell said: "This has been another strong period for market growth, but a slight decline from the peak we saw in Autumn 2007. We are however pleased to see that the sector is still buoyant despite the current financial climate."

Latest figures:

  • Year on year sales growth (aggregate, total market) 12%

  • Year on year sales growth (mean) 19%

  • % of companies in profit now and 12 months ago 63%

  • % of companies in profit now but loss making 12 months ago 16%

  • % of companies loss making now and 12 months ago 13%

  • % of companies loss making now but in profit 12 months ago 9%

  • Year on year profit growth (aggregate, total market) 17%

  • Operating profit to sales (aggregate total), latest year 13%

The IABM (International Association of Broadcasting Manufacturers) represents manufacturers and suppliers of broadcast and media technology products and services worldwide.