Computerland prepares investors for bad Q2 results

"Over this period we do not expect outstanding results, despite the fact that last year the same period was very good for us. Revenues at the group level will be rather lower than in the comparable period," said Sielicki. He went on to say that worse results are due to the deteriorating economic situation. "We will feel an economic slowdown, mainly a commercial one, as well as decisive delays on the side of the State Treasury. Election year is for sure not helping us. However, we are still sustaining our 2005 forecasts and expect a substantial acceleration in the second half," said the president. This should help the company double its profits to roughly zł.28 million in 2005. (Parkiet, p. 4) M.M.