The buoyant economy reflects in AMS' Q1 revenues

"We are surprised and pleased with such an increase of our market share. There is a chance that we will grow more during the present year than we earlier planned," said Piotr Parnowski, president of Agora owned AMS. Agora projected in February that AMS revenues would rise in 2005 by 8%. "If we make the decision to revise our projections, this would probably take place when we publish our Q1 results," added Parnowski. Analysts warn, however, that the dynamics of the rising trend will not remain steady. "It will be impossible to retain the 50% growth in Q2 because the sector does not have this capacity," said Parnowski. By the end of 2004, AMS posted a zł.12.5 million operational loss, although the loss was 8% lower than in 2003. In its future operations AMS will focus on taking over some medium sized outdoor media companies like Wrocław based Diam, Kraków based Media Billboards, Gdańsk based Apro, Śląsk based Business Consulting or Warsaw based CAM Media. (Puls Biznesu, pp. 1, 6) D.W.