13:52 31 October 2026
NTT System, an IT equipment distributor, quadruples rates
NTT System’s shares gained over 100% in October and 300% over the past year, lifting its market capitalization to approximately PLN 500 mln. CEO Tadeusz Kurek considers the valuation more appropriate after earlier undervaluation, with shares now trading at roughly twice book value. First-half 2026 revenue rose 26% y/y to PLN 638 mln, operating profit increased to PLN 32.5 mln from PLN 11.4 mln, and net profit reached PLN 21.1 mln versus PLN 7.8 mln.
Sales of proprietary products doubled. Kurek reported healthy server, memory and component sales, alongside laptop deliveries under public tenders. The company is internally testing an AI module for its computers, without a launch date.
(pb.pl)
