TP's revenues down, but Witucki is not rattled

According to TP president Maciej Witucki though, the 2006 financial forecast will not be amended. Revenues in this period fell to zl.4.44 billion from zl.4.56 billion last year, while TP's operating profit fell by zl.91 million to zl.784 million. TP representatives are forecasting that in 2007 consolidated revenues will fall by 1% from over zl.18.6 billion in 2006. According to market analysts, however, the coming months will turn out to be as tough as the first quarter. Witucki announced that the strategy to battle falling sales will be announced in July, together with the publication of the strategy for 2007-2010. (Puls Biznesu, p. 10) A.K.