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Old 03-07-2010, 08:09 AM   #1 (permalink)
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Default Pace gets £1billion in sales

It seems that the HDTV good news is continuing at Pace. The set top box manufacturer has reported a whooping 52% increase in sales to more than £1 billion for the whole 2009.
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Old 03-07-2010, 12:36 PM   #2 (permalink)
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I've read about this too. What is more shocking is that the company registered a 405% increase in profits, and got more than GBP69 million for the same period. Things are really looking up for Pace. Thanks to their partnerships with Sky and 100 others!
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Old 03-07-2010, 01:54 PM   #3 (permalink)
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Well, they have to thank the HDTV boom too. Without these, people wouldn't feel to need to upgrade their set top boxes. They also have sporting events to thank, like the FIFA that's coming soon!
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Old 03-08-2010, 05:48 AM   #4 (permalink)
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And that is set to increase right? I think HDTV still has a lot of room for growth. Especially in the rest of Europe where they say, there's only a single digit growth in HDTV owned.
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Old 03-08-2010, 07:34 AM   #5 (permalink)
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Can you imagine Pace sold 17.2 million units! that's like 31% better than 2008 unit sales.
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Old 03-08-2010, 09:17 AM   #6 (permalink)
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So that means that as the world goes more into HDTV, Pace would likely benefit as well???
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Old 03-09-2010, 05:50 AM   #7 (permalink)
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I'd like to be a Pace shareholder right now
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Old 03-09-2010, 12:13 PM   #8 (permalink)
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Hmmmn... not really. Pace has announced a final dividend of only 1 pence
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Old 04-23-2010, 11:11 PM   #9 (permalink)
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Quote:
Originally Posted by grover View Post
It seems that the HDTV good news is continuing at Pace. The set top box manufacturer has reported a whooping 52% increase in sales to more than £1 billion for the whole 2009.
I think Pace is a good success story. Too bad they sold themselves out...
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