Lenovo Delivers Solid Financial Results, Thanks To PC business Delivering Strong Profit Growth

Lenovo

Lenovo Group today announced results for its fourth fiscal quarter and full-year ended March 31, 2015. Revenue was at US$11.3 billion, up 21 percent year-over-year.

In the PC Group or PCG, which includes PCs and Windows tablets, Lenovo’s quarterly sales were US$7.2 billion, with pre-tax income of US$391 million, up 11 percent year-over-year. Pre-tax income margin was 5.5 percent. Lenovo shipped 13.3 million PCs in the quarter, up 2.7 percent year-over-year, for a total market share of 19.5 percent. PCG saw share gain across all geographic regions, with particularly strong performances in Western Europe, the Middle East and Africa.

Lenovo continued to deliver exceptional performance in PCs this year with a record 60 million shipments, and strong profitability, all while maintaining its number one position in the market for the eighth consecutive quarter. While everyone is concerned about the PC business, Lenovo is delivering strong numbers quarter after quarter.

Some links in the article may not be viewable as you are using an AdBlocker. Please add us to your whitelist to enable the website to function properly.

Related
Comments