Broker FM's 2004 profit well above all expectations

The company's EBIDTA was zł.26 million (zł.21.5 million in 2003) and the net profit amounted to zł.9 million (zł.3.45 million in 2003). The results are much higher than expected, which is mainly the effect of selling its real estate in Alwernia, for which the firm received zł.5.5 million. "The surplus is the result of a very good situation on the advertising market. RMF FM's revenues from advertising increased by 10-11%," explained Marek Dworak, Broker FM deputy president. Brokerage houses project that the firm's revenues in 2005 will amount to zł.164 million, EBIDTA - zł.33 million and a net profit of zł.13 million. (Parkiet, p. 4) A.F.