Jutrzenka profits on the up, with prospects of a good Q4

Candy producer and stock-listed company Jutrzenka seems to have overcome its hard times and its representatives claim that its profit will now only keep on growing. "Our net profit will be several times higher than last year with a large increase in sales. In 2002, the firm was not short on cash, but it spent this on buying back and remitting shares," said Jutrzenka president Grzegorz Dołkowski. The company believes that the third quarter will be substantially better than the same period last year when the enterprise posted a profit of just zł. 3 million. The confectioners sales reflect seasonal changes, with the end of the year usually being better than its beginning. The company carried out three television campaigns in 2003, which cost it an estimated zł. 6 million. "Our value of exports is also constantly growing and they already constitute about 10% of our sales," added Dołkowski. (Puls Biznesu, p. 9) M.M.