Kolporter enjoys a massive H1 revenues boost

However, the profit decreased by 5% to zł.12.5 million. "This is chiefly the result of our investment in the development of our the network," said Maciej Topolski, Kolporter's spokesman. The company has invested substantial amounts in improving the quality of newsstand displays and in working with shops which it does not control. It was also engaged in the creation of a new distribution channel by launching a network of small, local grocery stores. For the whole of 2005 the company intends to invest a total sum of zł.45-50 million. Kolporter's representatives claim that the second half of the year will be as good as the first, and therefore the results might be better than the financial prognosis, which envisage a 20% growth of revenues and net profit. (Puls Biznesu, p. 9) A.K.