Sales and profitability across the broadcast and media (B&MT) sector continue to grow according to the latest IABM Industry Index released today.
The positive findings are echoed in the separate IABM Benchmark report, which reinforces the results of the Index concerning profitability, and the updated Confidence Ratio, contained in the last Industry Trends Survey.
The IABM Industry Index highlights a positive overall performance in terms of profitability and sales over the period considered. However, the overall result conceals the long-standing disparity in returns between large and small companies. Small companies are still struggling with the technological upheaval characterising the industry but report better numbers in this edition of the report.
The IABM Industry Index is released quarterly, and covers the performance of over 70 companies in the North American and European broadcast and media technology sectors, providing like-for-like comparisons to track emerging trends.