Sturdy regional efficiency in Q1 2024 vs identical interval final yr for Center East, Turkey and Africa (META) and Jap Europe. Western Europe struggled to succeed in constructive progress.
Western Europe – gross sales income Q1 2024 vs Q1 2023
- Small home home equipment (SDA) is the one sector to see constructive income throughout most nations in Western Europe.
- Spain’s excessive progress in Shopper 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 progress 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 inside the area, with constructive or secure progress 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 property
Wish to know extra? Watch our consultants’ movies and obtain our report on the developments impacting the Tech & Sturdy trade in 2024
