According to professional association of component distribution, the FBDi, the German component distribution market is back to growth and order volume is stabilising.
The situation in the market continued to stabilise during the first quarter of 2013, with double-digit growth of orders and revenues, compared to the fourth quarter of 2012. The book-to-bill ratio also gives hope for additional positive development in 2013.
First quarter revenues of FBDi members were just under four per cent below the same quarter in the previous year, but had a growth of 20 per cent compared to the last quarter.
FBDi managing director, Wolfram Ziehfuss said: “The first quarter has brought us a little closer to the expectations for 2013. A slight growth is realistic. The potential for German industry is excellent by European and international comparison.”