The French designer of electronic equipment Archos is pressed into the green in the first half, the company said, Monday, Aug. 8, in a statement. The turnover of the group jumped 135% to 71.7 million euros.
Archos has also posted a net profit of 1.7 million euros in the first six months of the year, when he had a net loss of 3.2 million in the first half of 2010. "This strong growth is based on the development of the market shelves in which Archos has positioned itself as a major player, boasting both a proven technology and a differentiating pricing policy," the group argues in its statement . In 2010, Archos has reduced its loss to 2.3 million euros, against 18.6 million in 2009, sales increased by 43.9% to 83.3 million euros.
ORIENTATION TO EMERGING MARKETS:
Archos also states it will distribute to the end of the third quarter a new range of accessories for users of Android products. It also emphasizes the "continuing its development of emerging countries", indicating that it has started selling some of its products in Brazil, and it will start "from the start" of trade relations with India new distributors. For 2011, the group is an average gross margin "above 20%."
These announcements came as Forrester has just published a study that underlines the dynamism of the market shelves in Europe. He should sell 13 million in 2011 on the mainland market where Apple iPad will remain dominant with 70% of sales. Forrester surveyed nearly fourteen thousand Internet users in seven European countries, including France. The firm also estimates that 48.2 million tablets will be sold worldwide in 2011, with 50% in the United States.
ORIENTATION TO EMERGING MARKETS:
Archos also states it will distribute to the end of the third quarter a new range of accessories for users of Android products. It also emphasizes the "continuing its development of emerging countries", indicating that it has started selling some of its products in Brazil, and it will start "from the start" of trade relations with India new distributors. For 2011, the group is an average gross margin "above 20%."
These announcements came as Forrester has just published a study that underlines the dynamism of the market shelves in Europe. He should sell 13 million in 2011 on the mainland market where Apple iPad will remain dominant with 70% of sales. Forrester surveyed nearly fourteen thousand Internet users in seven European countries, including France. The firm also estimates that 48.2 million tablets will be sold worldwide in 2011, with 50% in the United States.
