Consulting agency invidis consulting published the results of the last DBCI Russia issue (July/August). Business sentiment in Russia stabilising on a positive level in the summer.
Since the last survey in May the Digital Signage Business Climate Index in Russia has remained almost flat with only a small nominal decrease by 0,03 base points from 38,23 base points to 38,20 base points.
However, the expectations for the near future have declined as more market participants are expecting a negative development of the business sentiment within six months.
First semester 2016 with considerably higher revenues than 2015
Over 53% of the polled companies in Russia have growing revenues in the first semester of 2016. Still 23% of the market participants had to accept a decline in revenues in the first two quarters.
However, all of those companies are expecting to balance the losses at the end of the year. Over 75% of the polled companies in Russia expect to have a growth in revenues in 2016 compared to 2015.
You can download the full report following the link.
The DBCI or Digital Signage & DooH Business Climate Index is the leading European early indicator for economic development in the Digital Signage and Digital-out-of-Home. The DBCI is published bi-monthly. It is based on the responses of the high level management from all relevant companies in the Digital Signage value chain.
The index is compiled and managed by invidis consulting in cooperation with the Digital Signage and Digital-out-of-Home association DSF Europe and various national digital signage and digital out of home associations. All results are published free of charge to be used by the industry, investors as well as other interested parties.
Daniel Russell |Research Analyst
invidis consulting GmbH
Ph: +49 89 2000416-21