5/23/2008 4:27:00 PM
Avenir Telecom Group's annual sales figures show 7.5% growth
Avenir Telecom Group’s annual sales figures show a 7.5% increase over the last year.
Total annual sales across the group grew from £543.6m (683.1m) to £584.6m (734.5) over the last twelve months.
Avenir UK’s sales accounted for 9% of the groups total sales, behind Romania at 10%, Spain at 21% and France at 50%.
The report said the ‘morose’ economic situation in Europe had an impact on growth during the fourth quarter, which was down on the previous two quarters.Avenir group president Jean-Daniel Beurnier said: ‘We are confident in the outlook for further growth in the telecoms market and the new stakes involved in mobile convergence, and we intend to pursue our development strategy through the deployment of our stores network in Europe, and through innovative offerings in wholesale distribution.'