MCAA Members Show Five-year Gains

According to the Measurement, Control & Automation Association (MCAA) 2008 Operating Benchmarks Report shows that 2007 revenues were up by anywhere from 4.2 percent to 16.3 percent over 2006 for the 48 MCAA member companies that provided data for the report. An additional section based on available data from 15 public companies—not all of which are MCAA members—showed 2007 revenue gains of more than 20 percent.

Over the five year period covered by the 2008 report—from 2003 through 2007—“revenue growth was substantial, as was the resulting income from operations,” according to a recent MCAA press release. A significant factor in the improvement in operating income is an across-the-board management of selling, and general and administrative expenses, the MCAA said. The larger companies have the most leverage to accomplish this, but even the smaller companies appear to have found means to contain these costs and thus improve their margins.