November 2023 at TIM SA: sales close to the previous year

Preliminary estimates indicate that, in November 2023, TIM SA’s net monthly revenue from the sales of goods, as well as services directly related to sales, reached PLN 119.9 million (-2,4% year-on-year).

Estimated online sales made independently by customers reached more than PLN 81.6 million in the penultimate month of 2023 (also -2.4% year-on-year).
TIM SA’s total cumulative estimated sales revenue approached PLN 1.3 billion (PLN 1.29 billion, -3.7% year-on-year) after 11 months of 2023, while that from online sales made independently by customers approached PLN 876.5 million (-6.0% year-on-year).

– The situation in the construction or electrical distribution market is difficult, which is why such a slight decrease compared to the same period in 2022 is evidence of TIM’s ability to adapt to weaker market conditions as well. And this is a reason for me to be satisfied – believes Krzysztof Folta, President of the Management Board of TIM SA. – I am even more pleased with the figures for high-margin products. Indeed, in this category, we have seen sales increase by more than 2 per cent in November 2023, he adds.

See current report no. 36/2023 >>