70 million for the second time, i.e. November 2018 in TIM SA

Preliminary estimates show that revenue TIM SA from net sales of goods and services related directly to the sale of goods in November 2018 amounted to almost PLN 71.2 million compared to PLN64.58 million in November 2017 (+10.3% y/y). It is the second month in a row and the second month in the history of TIM SA when the company’s revenue from sale exceeded PLN70 million. After 11 months of 2018, the company’s turnover amounted to almost PLN700 million (PLN699.24 million, +15.5% y/y).

The revenue from the online channel in November 2018 amounted to PLN 49.39 million (+8.3% y/y), and since the beginning of the year – to nearly PLN 0.5 billion (PLN 495.32 million, +15.0% y/y).

“Even the lower than originally expected number of working days in November did not prevent us from crossing the threshold of PLN70 million. TIM is a well oiled and speeding sales machine”, says Krzysztof Folta, the President of TIM SA Management Board. “As a pioneer of e-commerce in the electrotechnical industry we understand that competition is not asleep and draws conclusions from our experience. We have this privilege that our business model works very well, we do not need to imitate anybody or make sudden movements, but we focus on peaceful improvement of our course of action. I think that we can surprise the market many times, to the satisfaction of our customers”, adds Krzysztof Folta.

See current statement No 48/2018 >>