The February sales figures increased 4.4 percent (YoY). YTD, sales figures increased 5.6 percent (compared to the reference period 2013), reports the German industry association ZVEI PCB and Electronic Systems.
The order intake showed an increase of 20.2 percent compared to February 2013; continuing the extraordinary growth from January (+32.4 percent compared to the reference month 2013). Noteworthy is also that February 2014 recorded the highest order intake of the 30 months. In particular, large companies (< 50 million euros in annual sales) benefited from long-term framework contracts that were signed.
The book-to -bill ratio reached a value of 1.13.
The number of employees increased by 2.4 percent, with larger companies accounting for nearly 75 percent of those newly created jobs.
