More than 1 billion in revenues for TIM SA since the beginning of 2022, almost PLN 350 million in Q3

Preliminary estimates indicate that, in September 2022, TIM SA’s net monthly revenue generated by the sales of goods and services directly related to sales reached PLN 127.5 million (+4.3% YY). The nine months of 2022 brought the total to almost PLN 1.09 billion (+19.4% YY).

The estimated sales revenue in Q3 of 2022 amounted to PLN 349.1 million, 3.6% higher than in the same period of 2021. Revenue from online self-service sales increased by 6.1% YY to PLN 89.3 million in September 2022. For the entire Q3 2022, they reached PLN 0.25bn (PLN 249.7m, +3.9% YY), while in January–September 2022, they reached PLN 762 million (+18.4% YY).

‘For the second time in our history, we exceeded the level of one billion PLN in sales revenue, calculated cumulatively from the beginning of the year. We did this in mid-September, so almost a month and a half earlier than in 2021. I would like to thank our customers for their trust, and our employees for their commitment to achieving this goal’, says Krzysztof Folta, President of the Management Board of TIM SA. ‘I am pleased that the growth rate of online sales performed independently by customers on in September was higher than the growth rate of total sales revenue. This confirms the greater resilience of this sales channel to a dynamically changing and uncertain market situation. I would like to remind everyone that according to the company’s strategy presented in May 2022, by 2026 TIM’s sales revenue shall exceed PLN three billion on an annual basis. One of the steps to achieve this goal is to make shopping on even easier and better tailored to the needs and expectations of our customers’, adds Krzysztof Folta.