Interia begins to ride high on a profit surge
According to earlier company announcements, the portal is expecting that its profit will be 30% higher than in the same period of 2006. "We are considering revising upwards our 2007 projections. We have already exceeded our H1 forecasts. In the second half of the year we want to maintain the growth of revenues and profitability," said Interia's president, Grzegorz Błażewicz. The internet company generates revenues from three sources, namely advertising, e-commerce, and sales of technology. However the lion's share, that is around 70%, comes solely from advertising. "We want to diversify our revenues, in such a way that half will come from advertising and the other half from other sources," added Błażewicz. (Puls Biznesu, p. 10) A.K.