Doro posts impressive quarterly figures

Doro posts impressive quarterly figures

Doro saw sales, orders and profit all increase in the last quarter, the firm's interim report has shown. The company said this was a result of newly launch products, the startup of new partnerships and more favourable currencies.

The manufacturer results showed an 18% sales rise, a 16% increase in orders and an operating profit margin of 8.9%.

The brand’s outlook for remained unchanged with the company expecting growth in 2014.

The Swedish firm’s president and CEO Jérôme Arnaud said that the brand had seen a positive response to its venture into the smartphone market: ‘Our product development focused more on seniors’ needs than on technology, providing smart features in all our models. We also add more services in our offer. The recently launched Doro Liberto 820, listed at multiple major European operators and distributors is a good example. This strategy will over time also boost the smart phones part of our range which represented 10 percent of our European mobile sales in the quarter.’

‘The senior mobile market is growing and we will continue to lead the market forward by upgrading our model range with smarter features, independently of whether based on feature or smart phones. We will also grow our offering for the care market, addressing the most fragile users, both organically and through acquisitions when suitable.’

The brands sales in the United Kingdom improved year-on-year to $39.5m, Doro said that this was primarily as a result of launch of new phone models.

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