Acer Inc. announces the 2007 preliminary financial results with consolidated revenue of NT$461.7B (US$14.06B), representing 25% in annual growth. The preliminary result includes revenue of the final 2.5 months in 2007 from Acer’s wholly owned subsidiary, Gateway Inc.
Acer’s 2007 operating income reached NT$10.2B (US$310.63M), marking 30% on-year growth and represented 80% of profits after tax (PAT) at NT$12.9B (US$392.86M). Meanwhile, earnings per share (EPS) was NT$5.4.
For Q4 2007, Acer’s consolidated revenue was NT$146.7B (US$4.47B) for 24% growth on year. Operating income was NT$3.5B (US$106.59M), marking 44% growth on year. In addition, Gateway was also profitable in the fourth quarter; and the smooth integration with Acer is under way.
Holding an optimistic outlook for the 2008 PC industry, Acer expects its notebook to grow by 40% and total PCs by 30~35% on-year, in terms of unit shipment.
Acer Inc. 2007 financial results:
2007 2006 Q4 2007 Q4 2006
Consol. revenue NT$461.7B
US$14.06B NT$369.1B
US$11.24B NT$146.7B
US$4.47B NT$118.58B
US$3.61B
Operating income NT$10.2B
US$310.63M NT$7.8B
US$237.54M NT$3.5B
US$106.59M NT$2.4B
US$73.09M
PAT NT$12.9B
US$392.86M NT$10.2B
US$310.63M NT$2.3B
US$70.04M NT$1.3B
US$39.59M
EPS NT$5.4 NT$4.5
Notes:
Acer Inc. consolidated revenue includes revenues from other companies in which Acer Inc. has 50% or more ownership, and already deducts any revenues between Acer Inc. and these companies to avoid double-counting.
The exchange rate was US$1: NT$ 32.8365
About Acer
Acer ranks as the world's No. 3 branded PC vendor, designing easy, dependable IT solutions that empower people to reach their goals and enhance their lives. Since spinning-off its manufacturing operation, Acer has focused on globally marketing its brand-name products: mobile and desktop PCs, servers and storage, LCD monitors and high-definition TVs, and handheld/navigational devices. Acer's unique Channel Business Model is instrumental to the company's continued success. The model encourages partners and suppliers to collaborate in a winning formula of supply-chain management, allowing Acer to provide customers with fresh technologies, competitive pricing, and quality service. Established in 1976, Acer Inc. employs 5,300 people supporting dealers and distributors in more than 100 countries. Estimated revenue for 2006 is US$11.31 billion. Please visit www.acer.com.
Acer and the Acer logo are registered trademarks of Acer Incorporated. Microsoft and Windows are registered trademarks of Microsoft Corporation. Intel and Pentium are registered trademarks of Intel Corporation. Other trademarks, registered trademarks and/or service marks, indicated or otherwise, are the properties of their respective owners.
