A quarter billion of TIM’s turnover after four months of 2019

Early estimates suggest that from January to April 2019 net revenues of TIM SA from the sales of goods and services directly related to the sale of goods amounted to a total of PLN 251.8 million as compared to PLN 235.6 million a year before (+6.9% y/y). April 2019 is the first April in the company’s history in which the estimated turnover exceeded PLN 60 million reaching the level of PLN 60.7 million (+3.1% y/y).

The sum of the estimated revenues from online sale in the first four months of 2019 amounted to PLN 180.5 million (+8.6% y/y). Only in April 2019 the e-commerce channel generated PLN 43.5 million (+ +2.7% y/y).

– We closed three out of four months of 2019 with the turnover exceeding PLN 60 million. This was achieved in April despite the holiday season and the long May weekend which for a number of customers started with the last weekend of April. This is another confirmation of TIM’s ability to achieve growth also in less favourable market conditions, such as a smaller number of business days – says Krzysztof Folta, the President of the Management Board of TIM SA.

See current report no. 15/2019 >>