Strong July and August sales have prompted ASX-listed distributor Cellnet to lift its half yearly forecast.
Net profit for the half year ending 31 December is expected to be between $1.4 million and $1.6 million, an increase of $500,000 and $700,000 from the $900,000 earned in the previous corresponding period.
Cellnet said the upgrade was the result of "increased sales" through an expanded customer base in Australia and New Zealand and improved sales in July and August.
In June 2009 the company divested itself from IT distribution then signed agreements with Energizer for its Energi To Go suite of rechargeable power packs and Case-mate.
CEO Stuart Smith said that the company's expanding customer base was a result of effort put into "customer service and quality product offering".
Copyright © CRN Australia . All rights reserved.
Issue: 315 | May 2013
Access CRN's extensive online resources including; email bulletins, community discussions and unique online news.
Processing registration... Please wait.
This process can take up to a minute to complete.
A confirmation email has been sent to your email address - SUPPLIED GOES EMAIL HERE. Please click on the link in the email to verify your email address. You need to verify your email before you can log on to the CRN website or start posting comments on articles.
If you do not receive your confirmation email within the next few minutes, it may be because the email has been captured by a junk mail filter. Please ensure you add the domain '@crn.com.au' to your white-listed senders.