Monthly Online Sales Record and PLN 100 Million for the Fifth Time – July 2021 with TIM SA
Early estimates suggest that in July 2021 net revenues of TIM SA from the sales of goods and services directly related to the sale of goods amounted to almost PLN 106 million (+22.7% y/y) making that month the third best in TIM’s history.
After seven months of 2021 the revenues from TIM’s sales have exceeded PLN 680.4 million and are by 30.6% higher than in the corresponding period of 2020. Revenues from online sales implemented individually by customers broke the monthly all-time record in July 2021 (PLN 77.7 million, +30.6% y/y).
Exceeding, for the fifth month in a row, the barrier of PLN 100 million has not been prevented by even the smaller number of business days in July than that of a year before (22 vs. 23). It translated, similarly to the holiday period, into a lower dynamics of the monthly sales growth year on year, however, I am extremely pleased with the assortment structure of the sale for the past month and its higher than in June share of high-margin products.
Also, the share of online sales implemented individually by customers has increased to over 73% – says Krzysztof Folta, the President of the Management Board of TIM SA.