October 29, 2009 / 7:15 AM / 9 years ago

Acer sees Q4 revenue growth at 25 pct y/y -report

WARSAW, Oct 29 (Reuters) - Taiwan’s Acer Inc (2353.TW), the world’s No. 2 PC maker, expects fourth-quarter revenues to rise about 25 percent year-on-year, the company’s chief executive Gianfranco Lanci told Rzeczpospolita daily.

“The results will be much better than in the third quarter. In a year-on-year comparison we expect revenue growth of about 25 percent,” Lanci was quoted as saying. “On most markets the situation has returned top normal.”

Acer was the fastest-growing PC brand in the third quarter, shipping over 25 percent more units than it did a year ago and outperforming Hewlett-Packard (HPQ.N), Lenovo (0992.HK) and Toshiba (6502.T), according to industry tracker IDC.

Earlier in October Acer’s Chairman J.T. Wang told Reuters the company aimed to increase its revenues by 70 percent in three years, while keeping 10 percent margins. (Reporting by Patryk Wasilewski, editing by Will Waterman)

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