Autumn starts with records
Early estimates suggest that in September 2019 net revenues of TIM SA from the sales of goods and services directly related to the sale of goods amounted to over PLN 72.3 million (+9.0% y/y). TIM has had a record-breaking third quarter in its history – provisionally calculated turnover in this period amounted to almost PLN 208 million. As a result, the estimated revenues from sales after 9 months of 2019 reached almost PLN 588.1 million (+ 6.1% y/y).
September 2019 has so far been the best month of the year in terms of turnover and the second in the entire almost 32-year history of TIM.
Estimated revenues from the e-commerce channel in September 2019 were 5.9% higher than those achieved in the corresponding period of 2018 and amounted to PLN 48.4 million. After three quarters of 2019 the turnover from online sales was 4.5% higher than that achieved in January-September 2018 and amounted to PLN 410.6 million. The estimated share of online sales in total TIM turnover since the beginning of 2019 amounted to almost 70%.
– Not so long ago, we set goals of the monthly turnover to exceed PLN 60 million. This year this kind of level is actually a standard. We are more and more getting used to crossing the 70 million threshold. We enter the period of the most intensive purchases of electrotechnical products with new records and we whet appetite for more – declares Krzysztof Folta, the President of the Management Board of TIM SA. – More often our customers are attracted not only by the range of the assortment and attractive pricing conditions but also by additional tools facilitating the purchase process or the selection of products – adds Krzysztof Folta.