ATM says it will fulfill its 2005 projections despite poor H1
During H1 the concern managed to secure 50% of the rev enues figures, but only 5% of the net profit. ATM operates in a telecommunic ation and IT sector, which is strongly influenced by the season and usually the second half of the year is better in terms of results. "Based on the dat a we currently have at out disposal, we are almost sure that we will exceed our 2005 sales forecast," said Tadeusz Czichon, deputy president of ATM in c harge of finance. The company will boost its revenues by at least 10% and th us it will have to publish an amended forecast. This means that ATM's turnov er will reach at least zł.120 million in 2005, while last year the figure st ood at zł.97 million. "With regards of net profit we are much more cautious. The projection will be met, but we do not expect that it will be substantial ly exceeded," said the deputy president. (Parkiet, p. 6) M.M.