Increase in e-commerce for the start of the year in TIM

Estimated net revenues of TIM SA from the sales of goods and services directly related to the sale of goods after the first month of 2020 amounted to over PLN 69 million against PLN 63.6 million in January 2019 (+8.6% y/y) of which over 76.4% was generated by e-commerce channel (73.7% in January 2019).

– We started the year 2020 with a significant increase in revenues, mostly thanks to the increased sale in the e-commerce channel (increase by 12.5% y/y). I’m glad the channel, we put the greatest emphasis on and which is the foundation of our business model, is growing so dynamically from the very beginning of the year. It is also worth pointing out that revenues in January 2020 were 14% higher than in December 2019. This is the third January in a row when the turnover exceeded the level of the previous year’s December. This is why we are positive in looking into the months to come – comments Krzysztof Folta, the President of the Management Board of TIM SA.

See current report no. 6/2020 >>