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Playbox has record 2009

18 March 2010
Playbox has record 2009

PlayBox Technology has reported record sales in 2009, with further growth planned for 2010, assisted by developments in technology and the expansion of worldwide regional operations.

Provisional figures for 2009 show a 28% consolidated volume growth over 2008, itself a record in a recession year following on from successive growth years. The 2009 results were boosted by the company’s development of regional markets as well as its continued technical product development. The new PlayBox product lines in the Digital Signage and AV markets also added to the numbers.

As a part of the planned growth for 2010, PlayBox will open two further regional offices during the year serving Southern Europe and the expanding South American market. PlayBox CEO, Vassil Lefterov, commented: “This recession has made our customers look even more closely at value for money, and we have been delivering it. We have had a fantastic year and are now building on our strengths to do more. A lot of our business is about developing ideas with customers and delivering what they want. The new regional offices allow us to do this on a wider scale. We are also looking for additional ways to accelerate our expansion.”

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