Alma Market makes significant adjustment to 2005 profit predictions

The mother company will to generate a profit of zł.7 million instead of earlier planned zł.4.5 million, while the profit of the whole group is to total zł.8 million. "The higher projection is a result of the sale of the real estate in Dębica," explained Grzegorz Pilch, deputy president of the company and one of its largest shareholders. He assured that the projection would be fulfilled although the company recorded a loss of zł.0.32 million in Q2 this year. "The end of the year is the most important in the retail sector," declared Pilch. Alma Market operates a network of five supermarkets and plans to increase the figure to twelve by 2007. (Puls Biznesu, p. 9) E.B.