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Carphone Warehouse Group (CPW) has reported a 8.3 per cent growth in like-for-like revenue in the first half of 2013, which the company says is thanks in part to strong growth in postpay sales in the UK. CPW revenues for the 26 weeks to September 28 were ?1,566 million, up from ?1,480 million in 2012.
It said that its performance in its first quarter (April, May and June) was particularly strong, with like-for-like revenue growth of 13.2 per cent.
However its second quarter (July, August, September) was affected by customers holding out for the launch of 4G and new products at the end of the period. The retailer said the UK prepay market continued to decline over the two quarters, by an estimated 20 to 30 per cent. Overall connections were flat in its first half of the year (April – September), CPW said.

CEO Andrew Harrison said: “Carphone Warehouse has delivered good like-for-like growth for the half and for the fifth successive quarter. Are you still waiting patiently for BMW's newest crossover, the X1 to show up in BMW dealers? Are you still waiting patiently for BMW's newest crossover, the X1 to show up in BMW dealers? The previous post in this blog was BMW Z4 to Get 4-Cyl Turbo That Will Replace the Base Six-Cyl.
However it gained market share in prepay and said it will continue to try to drive smartphone penetration in this segment. This is a strong performance given the reduced marketplace activity ahead of the wider launch of 4G across Europe and the continued double-digit decline of the prepay market.

Well it looks like the Leipzig, Germany plant can't keep up with the European demand, so adding production for the U.S. BMW originally planned on introducing the compact crossover in early 2011, but now its been pushed back to the fall of 2011.

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25.04.2016 admin

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