Advanced Digital Broadcast (ADB) has said its high definition product segment now represents 67% of sales. The first half figures compare with 49% in the same period in 2007 and 57% across the whole of 2007.
Personal video recorders, both high and standard definition, represent 29% of the company’s digital equipment revenues. This compares with 22% in the first half of 2007 and 26% in the full year.
Revenues for the first half of 2008 reached US$169.9 million, an increase of 40% on 2007, leading to EBITDA of 11.1 million.
The company attributes its performance to the rapid pace of deployment among its recently acquired customers. The IPTV segment performed particularly well, representing 20% of group revenue, with terrestrial accounting for 20% and satellite 11%. Cable remains the largest segment representing 35% of overall sales.
Europe, the Middle East and Africa, remains by far the most important area to the company accounting for 92% of revenues. East Europe alone represents 18% of total revenues. Although the top 10 customers represent 88% of revenue no one customer represents more than 18%.
