FRANKFURT – Germany’s printed circuit board market posted March revenue up 15% year-over-year, while revenue for the month grew 11.6% sequentially.

For the first quarter of 2011, German PCB sales grew 20% compared to the first quarter of 2010, says ZVEI.

March orders rose 18% sequentially, while orders dropped 13.5% year-over-year. First-quarter orders were 10% lower than the same period last year.

The book-to-bill ratio reached 0.95, says ZVEI. That means 95 euros worth of boards were ordered for every 100 euros worth of boards shipped. A ratio over 1.0 is considered a sign of future market growth.