EnglishFlamingo CEO Jiri Rizek believes IT&C is the market with the greatest potential for Flamingo Group as it is likely to double its volume in the next three years to 500 million EUR in the retail sector alone. The estimation comes after Flamingo posted an 11.3% growth on the computer market in 2006, from 70,485 units in 2005 to 78,485 units in 2006.
The company thus retained the market lead for the 4th consecutive year and reached a market share of 12.2%. For 2007, Flamingo estimates overall market sales of over 700,000 units (desktops, notebooks and servers), up by 10-15% yoy, of which 85,000 units will be sold via Flamingo stores. Flamingo retails through Flanco World, Flanco, Flamingo Computers and Future Shop totaling over 50 stores.
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