Better-than-expected results have investors putting their money into ATM
This is the largest growth when compared with the IPO prices of all technological companies floated on the bourse in 2004. According to ATM's management board, investors are willing to buy the company's shares because it managed to fulfill all the financial projections for last year with a surplus. The turnover was zł.97.8 million and the net profit amounted to zł.8 million, beating expectations by 4% and 49% respectively. The company's president Tadeusz Cichoń, who already owns more than 25% of the firm's capital, wants to buy another 0.5-2% stake later this year. (Parkiet, p. 6) A.F.