Alfastreet exceeds Q1 plan for 2022

Despite the challenges faced by manufacturers and suppliers throughout the past two years due to the pandemic, Alfastreet has reported a successful first quarter for this financial year.

Tjasa Luin Peric, Alfastreet CEO, said: “We recognised some positive movement in terms of sales already in the last two months of the previous year. However, we were not expecting our customers to invest already when the pandemic was still present in many countries and operators were facing low visitor entrances.

“Our sales and profit forecast for the first quarter of the year was very conservative, and we were actually a little bit surprised by the turn of events as we didn’t expect the increase before the next quarter. By exceeding the sales plan by 18%, we finished the first quarter with a profit. Also, because of the decision to not attend the ICE show in April, as well as some other regional gaming shows, we relieved unnecessary expenditures.

“Our sales staff started to travel to our worldwide partners only two months ago, and now we are already fully focused and committed to achieving our new goal for the second quarter of the year. The forecast is very positive, and we finally see a bright light at the end of the tunnel.

“Hopefully the situation with the delivery of materials will also improve in the next months. As with many other industries, we are facing long delays. This considerably affects our planning and re-organisation while trying to fulfil most of the orders in time. It is the first time in our history that we have to operate with such long delivery dates for crucial materials, and it is surprising to know that similar situations are happening in all sectors all over the world.”