PLN 274.4 million of sales revenues, PLN 13.5 million of net profit (as much as +2398.7% y\/y) and EBITDA at the level of PLN 24.6 million (+97.2% y\/y) \u2013 this is the shortest summary the best results in the history of the TIM Capital Group after Q1. Growing turnover and the number of TIM customers are the effect of both sales and marketing activities, as also the guarantee of availability of products at TIM.pl particularly requested by customers. <\/b>
\n<\/p>\n
Revenues from sales of the TIM Capital Group in the first quarter<\/span>\u00a0<\/span>of 2021 were by 14.3% higher than in the corresponding period of the previous year.<\/span>\u00a0<\/span>Whereas having ensured data comparability and having adjusted the sales of the TIM Capital Group in Q1<\/span>\u00a0<\/span>of 2020 by revenues of Rotopino.pl SA (the company left the TIM Group at the end of 2020) the annual increase in revenues amounted to as much as 24%.\u00a0In turn, revenues from sales of TIM SA in the first quarter\u00a0of 2021 reached the level of PLN 258.4 million, i.e. 21.2% higher than a year before.<\/span>\u00a0<\/span><\/p>\n \u2013 The first quarter of 2021 brought TIM another record in monthly revenues from sales.\u00a0In March our turnover exceeded PLN 100 million for the first time in history.\u00a0Only a couple of years ago, before the change of the sales model, with high seasonality and dependence of the sales on the weather conditions and the situation in the construction industry, any kind of record breaking numbers in the first three months of the year would have been out of the question \u2013 notes Krzysztof\u00a0Folta, the President of the Management Board of TIM SA.\u00a0\u2013 Today we have a look at the calendar practically only to check the number of business days in a month.\u00a0The extension, diversity and availability of our offer convince further customers to shopping on the TIM.pl platform.\u00a0While in the entire 2020 there were 34 thousand of them, in the first quarter of 2021 there has been almost half of this number (19,800) \u2013 adds Krzysztof\u00a0Folta.<\/span>\u00a0<\/span><\/p>\n TIM\u2019s sales success is the result of work in at least three areas: sales and marketing, SEO activities (focused on\u00a0TIM.pl\u2019s\u00a0higher visibility in natural search results) and SEM (aimed at increasing the effectiveness of paid campaigns that position products available on the sales platform) and ensuring product availability.<\/span>\u00a0<\/span>In the first quarter<\/span>\u00a0<\/span>of 2021 the latter aspect was becoming more and more important in many product groups.\u00a0In case of cables and wires we could identify significantly worse accessibility.\u00a0Hampered access to the material used to produce cable sheath and insulations translated into temporary difficulties with accessibility, however, not on the TIM.pl platform.<\/span>\u00a0<\/span><\/p>\n \u2013 In March we noted record high number of registrations of new B2B customers on TIM.pl platform in the number of over 1250.<\/span>\u00a0<\/span><\/p>\n This result is the effect of intensive work on the positioning of the platform in both organic and paid search results.\u00a0Our sales network employees are also constantly acquiring new customers.\u00a0We reach them shortly after they register accounts on TIM.pl offering attractive terms of cooperation and a number of promotions, mainly profiled to the needs of individual customer segments \u2013 says Piotr\u00a0Nosal, Member of the Management Board and Commercial Director of TIM SA.<\/span>\u00a0<\/span><\/p>\n In the first quarter of 2021 increase of the TIM Group\u2019s operating expenses was significantly lower than the increase of revenues from sales (9.7% vs 14.3% y\/y). This allowed for an increase in the consolidated operating profit by more than 161% to PLN 19 million, therefore up to the level at which it was after the entire first half of 2020. As a consequence, consolidated EBITDA almost doubled y\/y (from PLN 12.5 million to PLN 24.7 million) and the consolidated net profit amounted to PLN 13.5 million (+2398.7% y\/y).<\/p>\n \u2013 At individual level in TIM SA aside from the dynamic growth in the scale of commercial activities, we have observed an improvement in sales margins, which consequently allowed for the generation of EBITDA in the amount of PLN 16.2 million (+110% y\/y) \u2013 says Piotr Tokarczuk, Member of the Management Board and Financial Director of TIM SA.<\/p>\n","protected":false},"excerpt":{"rendered":" PLN 274.4 million of sales revenues, PLN 13.5 million of net profit (as much as +2398.7% y\/y) and EBITDA at the level of PLN 24.6 million (+97.2% y\/y) \u2013 this is the shortest summary the best results in the history of the TIM Capital Group after Q1. Growing turnover and the number of TIM customers […]<\/p>\n","protected":false},"author":1,"featured_media":111535,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[81,82],"tags":[],"class_list":["post-112433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investor-relations","category-news-for-investors"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/posts\/112433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/comments?post=112433"}],"version-history":[{"count":0,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/posts\/112433\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/media\/111535"}],"wp:attachment":[{"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/media?parent=112433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/categories?post=112433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/tags?post=112433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Recipe for Breaking Records<\/h2>\n
Consolidated EBIT as after the first half of the year of 2020<\/h2>\n