Skip to content
Advertisement

Business

Energis posts outstanding 2004 results

This result is also 20% higher than was initially anticipated. As of December 2004, Energis was servicing 4,400 businesses, while this figure stood art a mere 2,300 a year earlier. "This year we are unable to repeat the pace of growth of 2004. We plan to record sales of zł.280 million. However, we expect a much better result in terms of operating profits. We are hoping for EBITDA of zł.50 million, as compared to zł.23 million in 2004," said Jarosław Mikos, Energis president. According to company representatives, the execution of the plans will be possible thanks to limiting the share of simpler services, such as bulk voice services. "These are low margin services which are risky due to low level of customer loyalty. We want to limit them in order to concentrate on more complex solutions," adds Mikos. In 2005 the company plans to invest between zł.40-50 million in new infrastructure. (Puls Biznesu, p. 1, 9) A.K.

More from Business All