Robust regional efficiency in Q1 2024 vs similar interval final yr for Center East, Turkey and Africa (META) and Jap Europe. Western Europe struggled to achieve optimistic development.
Western Europe – gross sales income Q1 2024 vs Q1 2023
- Small home home equipment (SDA) is the one sector to see optimistic income throughout most nations in Western Europe.
- Spain’s excessive development in Client Electronics (CE), pushed by purchases of HD-enabled TVs, following finish of SD DTT alerts on 14 Feb 2024.
Jap Europe – gross sales income Q1 2024 vs Q1 2023
- Jap Europe noticed good regional development in Q1 2024, helped by a low baseline from the earlier yr.
- Quickest restoration seen in purchases of small home home equipment (SDA), in addition to in IT and workplace tools.
- Poland, Ukraine and Romania performing most strongly throughout the area, with optimistic or secure development throughout each sector.
Center East, Turkey & Africa (META) – gross sales income Q1 2024 vs Q1 2023
- T&D gross sales in META have been impacted by inflationary worth will increase.
- Geopolitical impacts additionally stay a threat for this area.
- Ongoing excessive inflation charges in Turkey and Egypt sees customers turning money into belongings
Need to know extra? Watch our consultants’ movies and obtain our report on the developments impacting the Tech & Sturdy business in 2024
