Passives drive the German component distribution market in Q4-2018 - Outlook 2019
For the full year 2018, FBDi members achieved a positive outcome: Sales rose by 6.5% (to 3.83 billion euros) and orders grew 5.8% (to 4.13 billion euros). The current quarter will reveal how far the order buffer extends into 2019.
FBDi Chairman of the Board of Directors Georg Steinberger remarked: “Astonishingly, all quarters recorded nearly the identical sales levels with component shortages offsetting the usual seasonal variations. Given the decreasing order levels, however, this trend is unlikely to continue throughout 2019. Any growth is more likely to be in the low single-digit range.”
With regard to the general future outlook, Steinberger added: “For now, we must await the effects of Brexit and the dent in the German automotive industry, as well as several uncertainties outside Europe that will come our way over the next 12 to 18 months. The solution to the climate change challenge facing society lies in smarter and more efficient technologies and systems that can be expected to underpin lasting and increased demand for electronics. For this reason, the prospects for us high-tech service providers should remain good to excellent.”
About FBDI e. V. (www.fbdi.de):
The FBDi e.V. – Fachverband der Bauelemente Distribution e.V. (Professional Association of Component Distribution), founded in 2003, is well-established in the German association community and represents a large portion of distributors of electronic components with operations in Germany. In addition to the preparation and advancement of numerical data and statistics concerning the German distribution market for electronic components, work group engagement and reporting on important industry themes (amongst others, education, liability and rights, traceability, and environmental themes) form essential pillars of the association’s work. The FBDi is a member of the International Distribution of Electronics Association (IDEA).
FBDi e.v., Nassauische Str. 65 A, 10717 Berlin; firstname.lastname@example.org
Agentur Lorenzoni GmbH, Public Relations, Landshuter Str. 29, 85435 Erding; ph: +49 8122 55917-0, Beate Lorenzoni-Felber, email@example.com
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