May and the spring in TIM with no sixty limit

Early estimates suggest that from January to May 2019 net revenues of TIM SA from the sales of goods and services directly related to the sale of goods amounted to a total of PLN 314.3 million as compared to PLN 293.1 million a year before (+7.2% y/y). May 2019 is the fourth month of 2019 when the estimated turnover exceeded PLN 60 million. This time it has reached the level of PLN 62.5 million (+8.5% y/y).

Estimated revenues from the e-commerce channel in May 2019 amounted to PLN 45.3 million against PLN 42.3 million a year before (+7.2%). Online sales from January to May 2019 brought TIM over PLN 225.9 million (+8.3% y/y).

– May is traditionally the month when “Elektrosystemy”, the sector magazine, publishes the ranking of electrotechnical wholesalers (based on electrotechnical turnover in 2018), in which once again we have been the winner, which of course makes me happy – says Krzysztof Folta, the President of the Management Board of TIM SA. – There is also another reason why May 2019 fills me with joy: it confirms our ability to continue growing despite smaller than usual – due to the long weekend – number of business days. Each subsequent month of spring 2019 is showing that there is no sixty limit for TIM; this has been the third month in a row when our monthly turnover exceeded PLN 60 million. I believe we will maintain this trend also in the following months and seasons. The time has come to set another monthly turnover limit: PLN 70 million. I hope it will happen soon – adds Krzysztof Folta.

See current report no. 24/2019 >>