Energis bucks downbeat predictions with big second quarter boost

Alternative telecommunications operator Energis recorded revenues of zł.65 million in the second quarter of 2004. This followed an admission by company president Jarosław Mikos after the first three months that the operator may not be able to repeat results of zł.53 million. The latest figure is 95% higher than the same period the previous year. "Despite my fears this was a very good quarter," said Mikos. At the end of June the number of Energis's clients grew to 3700, compared to 1500 in 2003. The only area where the company did not record any growth was with the Virtual Internet Service Providers, the service which Energis provides in cooperation with several other partners, including Onet.pl and Interia.pl portals. Mikos upholds his projections for 2004, with zł.220 million from revenues and zł.30 million from EBITDA. The company expects its income for the next three months to at least match the current quarter results. Mikos also revealed that talks have begun again with a potential investor. (Parkiet, p. 4) A.F.