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2010 financial results : Archos comes back to a balanced budget

mardi 22/03/2011 par

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Archos confirms its recovery with a growth of 40% (turnover) compared to 2009.

« the gross margin rises up to 19.4 million euros (about 29.6 million usd and 16.9 million pounds) compared to 7.8 million euros (about 11 million usd and 6.8 million pounds). The gross margin represents 23.3% (turnover) + 10 points compared to the last year. The control of costs of goods, and costs of production, the new business model and the good marketing positionning permitted to reach a gross margin close to the big brandt.

The compagny has a net loss of 2.3 million euros (about 3.3 million usd and 2 million pounds) it’s much better than the last year with a net loss of 18.6 million euros ( about 26.5 million usd and 16.2 million pounds) in 2009.


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2010 financial results : Archos comes back to a balanced budget

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  • dkfx77 - le 22 mars 2011 à 08h26min

    Finally some reasons to become more optimistic :-D