Flamingo Group Posts 3.3 Mln EUR Losses

F.A.
Ziarul BURSA #English Section / 16 mai 2007

Flamingo Group posted 3.3 million EUR losses and a 36 million EUR turnover for Q1. The consolidated Q1 financial report released by Flamingo International includes the results of the parent company and it subsidiaries, which generated over 10% of the Group"s turnover in the reporting period.

Flamingo International posted a net profit of 1.3 million RON in Q1 and a turnover of 101.86 million RON. According to CEO Jiri Rizek, the results are above estimates as a result of the integration of the recently acquired Flanco. Estimates indicate that the group will start making a profit in Q3:2007.

Flamingo estimates that the retail market will total 1 billion EUR at the end of this year and 1.4 billion EUR in 2009, especially driven by the IT&C segment, which will grow to 40% of the retail market in 2009. This year, the Group"s development strategy will focus on expanding the Flanco World store chain and improving customer relations. The Flanco World chain will account for 6.4% of the total number of Flamingo stores and 36.3% of Flamingo"s overall sales space.

Flanco World is listed on BVB as FLA since June 2005 and has a share capital of 77,905,001.1 RON divided into shares with a face value of 0.1 RON. Flanco International retails IT&C products, electronics and appliances in the store chains Flanco World, Flamingo Computers and Flanco.

Comanda carte

PREŢUL SĂNĂTĂŢII

danescu.ro
arsc.ro
Stiri Locale

Curs valutar BNR

03 Apr. 2025
Euro (EUR)Euro4.9772
Dolar SUA (USD)Dolar SUA4.5116
Franc elveţian (CHF)Franc elveţian5.2235
Liră sterlină (GBP)Liră sterlină5.9419
Gram de aur (XAU)Gram de aur453.3570

convertor valutar

»=
?

mai multe cotaţii valutare

Cotaţii Emitenţi BVB
Cotaţii fonduri mutuale
Teatrul Național I. L. Caragiale Bucuresti
ccib.ro
energyexpo.ro
thediplomat.ro
Studiul 'Imperiul Roman subjugă Împărăţia lui Dumnezeu'
The study 'The Roman Empire subjugates the Kingdom of God'
BURSA
BURSA
Împărăţia lui Dumnezeu pe Pământ
The Kingdom of God on Earth
Carte - Golden calf - the meaning of interest rate
Carte - The crisis solution terminus a quo
www.agerpres.ro
www.dreptonline.ro
www.hipo.ro

adb