“Our revenue doubled last year, growing at a much faster rate than the rest of the market, because of product launches and partnerships we developed with operators and dealers in Romania and abroad,” Lucian Peticila, general manager and owner of Visual Fan, told ZF.
“We expect double-digit growth in revenue in 2015, from more than EUR62 million last year.”
Allview posted 276.1 million (EUR62 million) revenue in 2014, more than double the 2013 level, because of the surge in sales of smartphones and tablets in Romania and abroad.
Net profit reached RON28 million, according to Finance Ministry data, an increase of 51% on the previous year. The average number of employees rose by 63 people to 148, according to the same source.
The company is also aiming for growth of over 10% in sales of mobile phones and tablets.
“The market is still on the rise, but the pace is slower than in 2014, when sales of smartphones reached about 2.5 million in Romania. However, our planned growth is more than 10% for both mobile phones and tablets,” Peticila said.
Smartphones witnessed a 20% increase in sales in the first half and reached 60% market share. The tablet market will be flat at about 800,000 units in in 2015, following a slight decline in sales in the first seven months.
(English version by Loredana Fratila-Cristescu)