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Signage Sentiment Rises in Western and Eastern Europe

OVAB Poland LED expectationsClick to enlargePoland’s DBCI has been on the rise for around 10 months now, since OVAB’s survey in the September/October 2014 period. The May/June results were up 12.9 points from March/April, to 59.05 – reflecting the extremely positive signage sentiment in the country.

9.1% of respondents said that their current business situation was ‘poor’, which is a slight increase from the previous survey. The amount of industry players with a ‘satisfactory’ business was down (46.2% to 36.4%), but those saying that their situation was ‘good’ was up (46.2% to 54.5%).

Almost 73% of companies expect their business to pick up in the next six months, up from 53.8% in March/April. Those expecting no change was down, from 46.2% to 27.3%. No respondents said that their business would get any worse – a situation that has been the case in OVAB’s results since the September/October survey.

The Polish market is slightly more positive about LED signage in indoor applications than others that OVAB has polled. 3.2% of respondents had ‘very high’ expectations and 55.6% had ‘high’ expectations, compared to 41.2% with ‘low’ expectations. Outdoor signage was still dominant, however: almost 90% of respondents had ‘high’ or ‘very high’ predictions for the technology.