More than PLN 0.5 billion in TIM SA sales revenue after four months of 2022

Preliminary estimates show that the revenue of TIM SA from net sales of goods and services directly related to the sales of goods amounted to more than PLN 115.6 million in April 2022 (+14,5% year-on-year). Total estimated sales revenue for the period of January to April 2022 exceeded PLN 509 million (+40.2% year-on-year). 

Customer self-service online sales accounted for over PLN 79.2 million (+7.4% year-on-year) in April 2022, and for the four months of this year – almost PLN 354.7 million (+41.2% year-on-year).

– In 2021, we exceeded the PLN 0.5 billion sales revenue threshold in June, this year we did if after just four months – emphasizes Krzysztof Folta, Chairman of the Management Board of TIM SA. – The first weeks after the launch of the Russian invasion on Ukraine were marked by considerable uncertainty of customers concerning availability of the products and a risk of further price increases, which translated into increased demand. The effect of this situation was clearly visible in March’s outstanding results on revenue. In April we have witnessed a degree of stabilisation, if not relaxation, in this regard. Therefore, March and April of this year should be considered together. By applying such an analysis technique to the last two months, estimates indicate that the sales of goods in March and April 2022 amounted to PLN 291.1 million, or a monthly average of PLN 145.5 million. By comparison, the monthly average of March and April 2021 amounted to just under PLN 103.8 million. Therefore, we recorded an increase of 40.1% year-on-year. This is a very good result, given that April 2022 had one working day less than the year before – adds Krzysztof Folta.