GTS Energis quarterly sales exceeded PLN 100 million (EUR 25.8 million)
Warsaw, May 16, 2006
In Q1 2006 GTS Energis, an alternative Polish telecommunication operator rendering services to corporate customers reported the consolidated revenues of PLN 100.1 million, which is EUR 25.8 million. This is PLN 2 million (2%) more than in the previous quarter. The number of customers increased up to approx. 7400 in the same period.
In Q1 2006 GTS Energis Group EBITDA enlarged up to PLN 17.8 million (EUR 4.6 million). 23 per cent increase of operating profit was a reflection of adjusting the company's offer to constantly changing market requirements as well as of closing stages of the consolidation process.
The operator is planning to end the year of 2006 with PLN 400 million (EUR 103 million) income. Comparing to 2005 annual financial result, this would be an increase of 11 per cent. EBITDA is estimated to amount PLN 74 million (EUR 19 million) which would be 41 per cent above the previous year profit.
