PC Guard plans to invest its 2005 profit rather than pay out a dividend

"We are very satisfied with our Q4 2005 results," said company president Dariusz Grześkowiak. According to Parkiet daily, PC Guard's revenues for 2005 amounted to zł.3 million and the net profit was zł.500,000. The firm's profitability was over 15%, which was a very good result as compared with other companies from the IT sector. PC Guard is expanding very rapidly, as its 2005 net profit was more than 300% higher than the one from 2004. According to Dariusz Grześkowiak, the firm's main aim for 2006 is to maintain its pace of increasing revenues. Instead of paying out dividends the company plans to spend the money on further expansion. "We want the net result to grow more rapidly than revenues, and our profitability to become even higher," said Grześkowiak. (Parkiet, p. 6) A.F.