IT firm Teta gets ready for bourse debut by announcing ambitious plans

The jump in net profits is to be more significant and is to reach 28.2%, which would mean a profit of zł.4.4 million. "After three quarters of the year we are calm about achieving these forecasts," said Jerzy Krawczyk, the company's president. If Teta manages to carry out these predictions, it would mean profitability would jump from 10 to 12%. This would be an effect of rising revenues from sales of own products and cutting the time of completing projects. Teta is the domestic leader in implementing ERP and HR solutions in medium-sized companies. "The market in which we operate has a growth rate of 12-15% per annum. We want to be faster than the market," said Wojciech Dobrowolski, Teta's deputy president. (Puls Biznesu, p. 12; Parkiet, p. 6) A.K.