Grupa SARE gaining ground ahead of planned IPO

Grupa SARE based in Rybnik has published its third quarter results. The e-marketing company is showing good figures in anticipation of its public offering in 2015. The company press release announced a PLN 1.35 million net profit in three quarters of 2014. Company revenue reached PLN 18 million in the same period. According to the same press release, the company's revenue growth was at 80 percent, while the net profit growth was at 135 percent. As of today, the company does not meet valuation requirements for entry onto the WSE, but company management is hoping that the dynamic growth will change that quickly.