Original URL: http://www.channelregister.co.uk/2005/09/22/maxdata_profit_warning/
Maxdata issues profit warning
Seven-figure loss
Posted in PC Builder, 22nd September 2005 12:19 GMT
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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 [1] (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. ®