100% of German IT Companies Expect Revenue Growth

Germany’s Central Association of Electrical and Electronic Manufacturers (ZVEI) has predicted a positive year for the German electrical industry.

Speaking at the Hannover Messe this month, ZVEI president Michael Ziesemer said that 59% of companies expect sales growth up to 2% YoY – and the remaining 41% expect even higher growth. ZVEI predicts a 1.5% overall revenue rise, to almost €175 billion.