Meaty profits

Despite the fact that it is delaying the publication of its official forecasts for 2005, the firm should boost profits by over three quarters next year. "We are completing the collection of data from our subsidiaries and waiting for the end of the turmoil resulting from the privatization of PKO BP which would make our information less visible," said Maciej Duda, managing director of the company. In 2004 the firm should post a profit of zł.24 million, which would be 89 percent more than a year earlier. However, the result might be even better, as ZM Duda should soon consolidate the results of two newly acquired companies- Makton and Eurosmak. "There is large potential in the rest of the group. We can save a lot thanks to integration, especially on transportation costs," said Maciej Duda. Poland A.M.