February 2022 in TIM SA: record revenues per business day and historic growth in the e-commerce channel

Early estimates show that the revenues at TIM SA from online sales conducted directly by customers increased in February 2022 by 53.3% compared to the corresponding period in 2021, amounting to PLN 79 million. The estimated aggregate net sales of goods and services directly related to the sales reached over PLN 113.6 million (+41.1% YOY). 

Two months into 2022, the growing sales revenues have been estimated to be nearly PLN 218 million, i.e. a 40% increase relative to 2021. In the case of online sales conducted directly by customers, the increase was even greater – for the period of January and February of 2022, it reached 47.1% YOY (PLN 154.5 vs 105 million). 

“February is the shortest month, with only 20 business days, and yet they were special for TIM. Our sales per business day reached almost PLN 5.7 million. The sales growth rate of over 53% in terms of online sales conducted directly by customers is the highest on record since the company got into e-commerce,” says Krzysztof Folta, President of the Management Board at TIM SA. 

The Board decided to allocate PLN 100,000 to support Ukraine and its citizens, facing the consequences of Russian aggression in this country. The support will be distributed to the refugees in Poland, as well as people and institutions in Ukraine.