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By | Team Register 22nd September 2005 12:19

Maxdata issues profit warning

Seven-figure loss

Maxdata, the German PC maker, expects to lose a seven figure (euro) sum for the full year, after posting a loss in Q2. According to reports, the company forecast a full-year profit of €5m as recently as July.

In its Q2 earnings statement (pdf), the firm reports a big increase in sales volumes, but a big fall in average selling prices. It also notes weak demand in its German home market, but it still expects sales of €700m in 2005 (2004: € 660m).

In the UK, Maxdata is probably best-known for its Belinea range of monitors. ®

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