TIM’s October All-Time Records

Early estimates suggest that in October 2020 net revenues of TIM SA from the sales of goods and services directly related to the sale of goods amounted to over PLN 87.6 million (+9% y/y). The level of daily turnover has reached the historical level of almost PLN 4 million and the monthly sales in the online channel has, for the first time in history, exceeded PLN 60 million (PLN 61.6 million, +8.2% y/y).

The estimated revenues from sales after 10 months of 2020 have reached almost PLN 763 million (+14.1% y/y) of which 71%, i.e. PLN 540.7 million (+15.6% y/y) has been brought by the e-commerce channel.

– A year ago, in October 2019, we exceeded the threshold of PLN 80 million in the monthly turnover for the first time. Now, apart from the best in the history monthly revenues from sales, we have also recorded the best level of the daily turnover. With 22 business days in October 2020, they amounted to almost PLN 4 million This is a fantastic present right before the 33 birthday of TIM that is falling in November – says Krzysztof Folta, the President of the Management Board of TIM SA. – We are consistently expanding our offer with products from outside the traditional electrotechnical range. We are doing this primarily in the dropshipping model, which involves shipment of products from the supplier’s warehouse directly to the customer. This way, in the last days of October, the TIM.pl offer added a wide range of audio/video devices, household appliances or consumer electronics products that had not been available before. I am convinced that in times of pandemic, when customers are looking for the most comprehensive offer in one place, these products will be of considerable interest – adds Krzysztof Folta.