German electronic component distribution: remaining stable in Q2/2016

The breakdown across the various technology fields remained stable. Semiconductors accounted for 70% of sales, rising by 5.3% to €568m. Next came passive components, which achieved sales of €119m, accounting for 15% of total revenues. With a 9.2% increase, passive components performed well above average. Electromechanical component sales totalled €78m, achieving a growth of 1.2%. The power supply segment grew most strongly, increasing by 13.4%. Its sales revenues of €21.0m represented 2.6% of the total.

"There are many indications that the third quarter will again deliver positive results for German distributors," commented FBDi Chairman Georg Steinberger. "All in all, the German economy has remained relatively stable under uncertain conditions. Despite the fact that the impact of a Brexit is only slowly beginning to take shape, other critical issues remain or occur: the Chinese economy is missing its own expectations; the situation in Turkey has added another factor of uncertainty; other BRIC states like Brazil or India walk through their own set of difficulties; all of them add to potential risks for Germany as an export nation. How long the German economy will be able to successfully fend off these problems remains to be seen. We can but hope that policy-makers and business leaders approach the problems with calmness and common sense."