DGA consulting company has 75 percent of orders for 2005

APA - Austria Presse Agentur
opublikowano: 21-04-2005, 14:37

Warsaw (Puls Biznesu) – DGA Doradztwo Gospodarcze, Poland’s listed consulting company, has had a good start of this year. According to its CEO and main shareholder Andrzej Glowacki, the forecasts of sales growth of 15 percent to PLN 33 m (EUR 7.9 m) and net income growth of 90 percent to PLN 5 m are real. ‘EU projects are just starting to develop.

Warsaw (Puls Biznesu) – DGA Doradztwo Gospodarcze, Poland’s listed consulting company, has had a good start of this year. According to its CEO and main shareholder Andrzej Glowacki, the forecasts of sales growth of 15 percent to PLN 33 m (EUR 7.9 m) and net income growth of 90 percent to PLN 5 m are real. ‘EU projects are just starting to develop. These are usually 2-year agreements, so we have several million zlotys contracted for the year 2006’, the CEO explained. DGA has already orders amounting to 75 percent of planned sales. It should be full till May.

DGA has been listed for a year now. It has doubled the number of employees to 180, sales doubled too. Investors may perceive it differently: shares shed nearly 10 percent in comparison to the IPO price of PLN 27.5. DGA is leading negotiations with two consulting companies as large as itself concerning possible merger. To fund this transaction, DGA could issue shares worth PLN 100 m.

(PLN 1 = EUR 0.239)Poland/Enterprises/Consulting

 

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Podpis: APA - Austria Presse Agentur

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