CSS could soon look for acquisitions thanks to good financial results
The sales revenues of capital group CSS should amount to zl. 117.5 million, while net profits are likely to reach zl. 4.3 million in 2003. "When it comes to revenues, they have already been 60% fulfilled by acquired contracts," said Rafal Jagniewski from CSS. The profit growth is the result of a change in the sales structure. According to the company plan, revenues from services should jump by 7% and total zl. 70.6 million. In order to achieve this, CSS will cooperate with computer and software producers and offer them extensive guarantee, after-guarantee service, and training courses. The amount of free cash on hand, which at the end of 2002 exceeded zl. 6 million, could allow CSS to extend its capital group. "Such ideas arise from time to time, but it is hard to find a company with similar profile that would enrich our offer," said Jagniewski. (Parkiet, p. 4) M.M.