Computerland IT company plans 5-7 acquisitions next year

APA - Austria Presse Agentur
11-11-2005, 10:28

Warsaw (Puls Biznesu) – Comptuerland, the Polish listed IT company, analyzed 150 possible acquisition targets and now has 4 projects ready.

Warsaw (Puls Biznesu) – Comptuerland, the Polish listed IT company, analyzed 150 possible acquisition targets and now has 4 projects ready.

We can acquire these companies any time. I think that one transaction at least will be executed this year, Tomasz Sielicki, Computerland CEO said.

 

In 2006, the company plans 5-7 acquisitions worth PLN 5-20m (EUR 1.2-4.9m. In the third quarter, Computerland’s group had PLN 3.6m of net income in the third quarter, 20.5 percent less than last year. However, Michal Danielewski, Computerland general director, repeated the forecast of PLN 20m against PLN 800m of sales.

 

 (PLN 1 = EUR 0.248)

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Podpis: APA - Austria Presse Agentur

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