“The objectives are still standing, whereas they will be conditioned by the evolution of the market in this quarter, as there is a trend of postponement of IT acquisitions. Slowing down growth pace has three basic factors: global economic crisis, broad swings of currency exchange rate, and enforcement of the new lending regulations,” said Catalin Butolo.
The unit with the biggest contribution margin added to K Tech’s profit was the distribution division with 51% share, followed by the retail division with 49% share.
“Separation of the two sale divisions in profitability centers, such as relocating sidewalk units in commercial centers have geared these outcomes in a very consolidated market with fierce competition, Thus, through the two divisions, we have managed to peak a 23.6 million US dollars turnover, up approximately 15% from a year ago”, said Catalin Butolo, Marketing Director of K Tech Electronics.
The company’s market share climbed to 10.5%, due to its enrollment in Euro200 project, where the number of systems commercialized mounted to 3,871, up 77% from previous campaign.
By this yearend, the retail network of K-Tech will account for 54 stores, whereas the company will frame the expansion plan of the chain according to this year’s financial outcome.
Citeste si:
Calculator Salariu: Află câți bani primești în mână în funcție de salariul brut »
Te-ar putea interesa și: