Monday, May 13, 2013

Positive beats analysts projections for the quarter

The Positivo Informática ended the first quarter with net income of $ 11.7 million, stable compared to the same period in 2012. The company's net revenue grew by 39.4%, to R $ 613,4 million.
The figures exceeded the projections of analysts consulted by the value. The Credit Suisse estimate was that the computer maker would have net income of r $ 2.4 million in the first quarter of 2013. As for the recipe, the projection was a result of $ 555 million. Santander estimated a loss of r $ 5.6 million and revenue of R $ 496,1 million.
The Positive 766.4 million PCs and tablets sold in the period, with 54% growth in comparison with the same quarter of 2012. The highlights in the pray the strong growth in sales of computers to the Government (508.7 high% in number of units) and the increased participation of tablets in sales.
The equipment accounted for 18.8% of total sales by volume, with 144 thousand units. The performance was almost 2000% greater than the registered in the first quarter of 2012, when the tablets represented 1.4% of Positive sales. The performance of these devices surpassed sales of netbooks (121 thousand units) and was just below the figures recorded in notebooks (176 thousand).
The big sales booster tablets was the delivery of equipment to the Ministry of education (MEC). The Positive has Government contracts to deliver up to 650 thousand units of the equipment. "We will have a strong demand of the Government in the coming months, but we are also strengthening our presence at retail," said to Maurício Roorda, Vice President of marketing and product of positive.
In the balance sheet, the Positive did not disclose specific sales of smartphones. The result of this activity is in the line "Other", which also includes the distribution of video games and online advertising. These activities showed revenue growth of 237%, representing R $ 58.2 million from $ 675,2 million of the company's gross revenues. According to Roorda, the publication of specific numbers of smartphones can occur in the coming quarters.
According to the Executive, the manufacturer has the expectation to make a good performance in the year 2013 on account of his revenue diversification strategy. "We see the market more broadly now," he said.
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