29 Nov '13, 1pm

Distributor sees recovery start in electronics markets

Distributor sees recovery start in electronics markets no comment richard wilson 2013/11/29 Nick Jefferies, Acal Markets are “coming back to life” says the chief executive of UK-based distributor and manufacturer Acal. Acal which has posted postive first half year results today, has seen its main European markets of France and the UK growing at 11%. The distributor’s smaller German business, where it has made new acquisition, is growing even faster. “There are signs the industry is coming back to life,” Nick Jefferies, Acal group chief executive told Electronics Weekly. But while all the major European economies are “getting underway”, said Jefferies, there are other European markets which are not growing yet. “This is still early stages of the recovery,” said Jefferies. “It is not another 2010 ,when all the taps just turned on together.” How strong is the market recovery?...

Full article: http://www.electronicsweekly.com/news/business/distributo...

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