{"id":133417,"date":"2022-11-22T08:11:30","date_gmt":"2022-11-22T07:11:30","guid":{"rendered":"https:\/\/beta.timsa.pl\/i-iii-quarters-of-2022-in-the-tim-group-record-results-the-highest-number-of-tim-clients-in-history-2\/"},"modified":"2022-11-22T08:11:30","modified_gmt":"2022-11-22T07:11:30","slug":"i-iii-quarters-of-2022-in-the-tim-group-record-results-the-highest-number-of-tim-clients-in-history-2","status":"publish","type":"post","link":"https:\/\/www.timsa.pl\/en\/i-iii-quarters-of-2022-in-the-tim-group-record-results-the-highest-number-of-tim-clients-in-history-2\/","title":{"rendered":"I-III quarters of 2022 in the TIM Group: record results, the highest number of TIM clients in history"},"content":{"rendered":"

PLN 1.14 billion of consolidated sales revenue (+19.6% YoY), PLN 124.2 million of consolidated EBITDA (+13.1% YoY) \u2013 the most important indicators of the TIM Capital Group after three quarters of 2022 reached their historic records.<\/strong><\/p>\n

<\/p>\n

On 25 November 2022, it was 35 years since TIM entered the market. The company was established in 1987 in Wroc\u0142aw as Sp\u00f3\u0142dzielcze Przedsi\u0119biorstwo TIM Sp. z o.o. and 11 years later, TIM SA debuted in the main segment of the Warsaw Stock Exchange, where it is present to this day.<\/p>\n

\u2018The financial results presented almost on the day of our birthday reflect both the efficiency and effectiveness of our business model, as well as the excellent financial situation of the TIM Group\u2019, notes Krzysztof Folta, President of the Management Board of TIM SA. \u2018Only last week, we decided to pay the shareholders almost PLN 30 million before Christmas as an advance payment towards the dividend for 2022. In August, we paid the dividend for 2021 in the amount of PLN 27 million. Everything from our own resources, without the need to seek external financing\u2019, emphasises Krzysztof Folta.<\/p>\n

Bar set high<\/h3>\n

The net profit of the TIM Group after three quarters of 2022 in the case of the TIM Group amounted to PLN 76.4 million (+9.8% YoY), while in the case of TIM SA \u2013 PLN 80.6 million (+30% YoY). In the same period, TIM SA sales revenue reached almost PLN 1.09 million (+20.2% YoY). These indicators have also recorded the highest levels in TIM\u2019s history.<\/p>\n

\u2018After the record year of 2021, the reference base for both sales and financial indicators was really high. If we add to this the much less favourable macroeconomic situation than a year ago (inflation, weakening of the zloty against the euro) and the downturn in the electrotechnical industry (except for the exceptional March 2022), we can see that the bar has been set really high\u2019, says Piotr Tokarczuk, Member of the Management Board and Financial Director of TIM SA. \u2018And yet, we have definitely broken our own records from last year. In addition, we maintained high EBITDA profitability, and we generated positive cash flows from operating activities in the TIM Group in the amount of PLN 56.1 million compared to less than PLN 10 million in the same period of 2021\u2019, points out Piotr Tokarczuk.<\/p>\n

Consistent implementation of business strategies<\/h3>\n

After nine months of 2022, the sales to clients from the \u2018Installer\u2019 segment had the largest share in TIM\u2019s revenue (43.7%). The \u2018Retailer\/Wholesaler\u2019 group came second (36.5%). In the same period of 2021, the order was reversed. This change is the effect of the trend visible from the first quarter of 2022, resulting from sales-enhancement activities aimed at increasing the share of installation companies in the TIM revenue.<\/p>\n

\u2018After three quarters of 2022, the so-called industrial clients, i.e. the \u2018OEM Production\u2019 and \u2018Maintenance of interoperability\/Repairmen\u2019 segments, became the third largest client segment. Their share in the sales revenue amounted to 17.2% and increased compared to the period of January\u2013September 2021 by 27.4%\u2019, says Piotr Nosal, Member of the Management Board and Commercial Director of TIM SA. \u2018Since the beginning of 2022, the group of our clients has been growing dynamically. Over three quarters of 2022, almost 65,000 clients purchased our products. This is a record not only in the scale of three quarters, because throughout 2021 we served less than 52,000 clients\u2019, adds Piotr Nosal.<\/p>\n

TIM SA consistently implements the assumptions of the Company\u2019s business strategy presented in May 2022 in the scope of the development of the product offer. On 30 September 2022, the offer with defined stock balances and stock levels amounted to over 180,000 index numbers, which means an increase by 40% over a year. Also, 3LP, a logistics company, even thought it cancelled its planned IPO, implements the assumptions of its business strategy. The construction of a new hall with an area of 25,000 sqm in Siechnice was completed and the installation of a shuttle system automation within it has begun. In addition, 3LP started operating activities in a new location in Syc\u00f3w (by the S8 Expressway section between Wroc\u0142aw and Warsaw) and the process of commercialisation of this hall with an area of 17,000 sqm is already in progress.<\/p>\n

See the consolidated quarterly report for Q3 2022 (POLISH ONLY) >><\/a><\/p>\n

 <\/p>\n

Summary of the first half of 2022 at TIM SA and the TIM Capital Group<\/a> <\/strong> from TIM SA<\/a><\/strong><\/div>\n","protected":false},"excerpt":{"rendered":"

PLN 1.14 billion of consolidated sales revenue (+19.6% YoY), PLN 124.2 million of consolidated EBITDA (+13.1% YoY) \u2013 the most important indicators of the TIM Capital Group after three quarters of 2022 reached their historic records.<\/p>\n","protected":false},"author":1,"featured_media":112570,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[81,82],"tags":[],"class_list":["post-133417","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\/133417","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=133417"}],"version-history":[{"count":0,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/posts\/133417\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/media\/112570"}],"wp:attachment":[{"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/media?parent=133417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/categories?post=133417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/tags?post=133417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}