|ATM S.A. achieves in Q1 net profit exceeding PLN 7 million|
ATM S.A. announced its consolidated financial statements for the first quarter of 2011. The consolidated revenues from sales in the period were PLN 89.6 million (increased by 30 % against the corresponding period last year), the operating profit was PLN 4.4 million (decreased by 2%), and the net profit was PLN 7.0 million (increased by 118%). Please note that first quarter of the preceding year – which serves as a reference for the current results – was the best first quarter in the Company’s history. The Q1 results of the Group were to a large extent influenced by the disposal of the shares in inONE S.A., generating an additional financial profit of PLN 5.4 million.
The financial results of the ATM Group in Q1 2010 should be assessed as very good, especially taking into account that in the first quarter of a year, revenues are typically lower than in other quarters due to the specific nature of the market.
Consolidated results of the ATM S.A. Group for Q1 2011
ATM S.A. is a public company operating in the information and communication technology industry, quoted at the Warsaw Stock Exchange. Under the ATMAN brand the company provides for enterprises and other institutions telecommunications services based on its own fiber networks and data centers. Prime elements of ATM’s offer include: Internet access, broadband data transmission, colocation and hosting. The company provides telephony services and telecommunications outsourcing. Major consumers of the services are carriers, traditional media, Internet portals and enterprises from finance, manufacturing and retail market sectors.