Acer targets NT$400.3 billion in 2006 sales
Dec 22, 2005
Acer Inc., one of Taiwan's leading vendors of information-technology products, has projected to grab NT$400.3 billion (US$12.05 billion at US$1:NT$33.2) in consolidated sales for 2006, up 41% from 2005's goal of NT$283.6 billion (US$8.54 billion).
The financial projection recently passed Acer's board of directors meeting. Based on the financial projection, Acer targets to snatch NT$13.313 billion (US$400.99 million) in pretax earnings, or NT$4.3 (US$0.12) in earnings per share, in 2006, with gross profit margin reaching 10.54%.
The financial projection also showed Acer would see after-tax earnings grow to NT$10.018 billion (US$301.74 million) in 2006, up 39.13% from 2005's projected NT$7.2 billion (US$216.86 million).
Thanks to the employment of new marketing model, Acer aims to develop as one of the world's top-three personal-computer brands.
UBS Asset Management (Taiwan) Ltd. predicted Acer would score NT$430 billion (US$12.95 billion) and NT$12.8 billion (US$385.54 million) in sales and operating earnings, respectively, in 2006. UBS also noted Acer's EPS in 2006 would reach NT$4.38 (US$0.13) and gross profit margin would stay at the 2005 level of 10.5%.
A foreign institutional investor predicted Acer would see sales grow more than 30% and operating profits jump 40% year-on-year in 2006.
Many said Acer's sales growth would strongly hinge on its sales performance in the U.S. marketplace in 2006 as it has employed new marketing strategy there.
According to statistics conducted by the world-renowned market researcher International Data Corporation (IDC), Acer saw a 154% year-on-year sales growth in the first three quarters of 2005 in the U.S. market. Particularly, sales of notebook personal computers grew 235.6% annually, compared to 35.3% for Dell Computer Inc., 29.8% for Hewlett Packard, and 7.3% for new Lenovo Group.
Acer noted it has set a goal to sell 10 million notebook PCs, six million desktop PCs, 500,000 LCD (liquid crystal display) TVs, 1.5 million PDAs (personal digital assistants), and 10 million LCD monitors, in 2006.
source & copyright: CENS