Vistula's rags-back-to-riches story continues

Turnover stood at similar level as in Q1 and amounted to zł.31.3 million and after H1 it amounted to zł.65 million. At the same time its margin went up to reach 59%, which is related to the increasing efficiency of its distribution channels and changes in the structure of sales. In the previous quarter the company opened six new outlets which now total 53. By the end of the year this figure should further increase to 60, while a year ago the number of own stores stood at 27. The company spent zł.3.1 million on expanding its sales network in Q2. For 2005 as a whole Vistula expects to post a net profit of zł.16 million on revenues of zł.133 million. (Parkiet, p. 5) M.M.