Tailored for success

In 2006, one of the country's largest and most prestigious menswear producers, Bytom Capital Group, saw net profit reach zł.8 million. It won a gold medal at the Poznań International Fair and a 'Poland: Now' logo, and purchased 74.8 percent of shares in fabrics manufacturer Dolnis. All this puts the company in a very strong position for 2007 and it has ambitious plans.

This year's expected revenue amounts to zł.85.4 million, with zł.4.6 million in profit. In 2009 Bytom hopes for revenue of zł.180 million with 10 percent sales profitability. The group intends to pay out one third of its profit in dividends to its shareholders, as it did in 1994-95.

One of the group's key plans for development is increasing its operational efficiency, which will involve the expansion of its network of outlets from 16 to 35 in 2007. Bytom also intends to raise custom-made production to 15,000 items per year, with an expected 60-percent profitability, as well as launch its own brand of shirts, ties and fabrics. The group also aims to improve its public relations by organizing fashion events and strengthening the brand's image, where it will focus on its 60-year tradition of high quality.

Additionally, Bytom wants to increase financing of Dolnis with the aim of debuting it on the WSE in 2009.

Another strategic direction for the group is the consolidation of branches and new acquisitions. Bytom has declared its desire to purchase an additional 25 percent of shares in Dolnis from the State Treasury, as well as take over clothes manufacturer ZPO Warmia PP. It is also considering the acquisition of several smaller companies.