80 million – first time!

October 2019 is the first month in almost 32-year history of TIM SA when the company’s estimated net revenues from sales of goods and services directly related to the sale of goods amounted to over PLN 80 million (PLN 80.4 million, +9.0% y/y).

Estimated revenues from the e-commerce channel in October also reached the record level of almost PLN 57 million (PLN 56.9 million, +7.4% y/y). After 10 months of 2019 TIM’s turnover is PLN 40 million higher than in the same period last year and amounts to almost PLN 668.4 million (+6.4% y/y).

– October is always the middle of the most intensive period in electrotechnical industry and what is more it has a very large number of business days. On the one hand, we could actually expect another record just now, on the other – exceeding 80 million was not certain to the very last moment – says Krzysztof Folta, the President of the Management Board of TIM SA. – This is a historic moment for us. It has been preceded by six years of the latest history of TIM: becoming involved in the e-commerce channel activities. A history of genuinely intense work of our entire team and the trust of the growing group of customers. I’m deeply thankful for that. History is important, however the future is more interesting. I believe this is the case with TIM, which is still going to surprise the market a number of times – adds Krzysztof Folta.

See current report no. 35/2019 >>