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Home International Customs Poland

Polanld’s Hawe revenue jumps 90%, records PLN 332.73 million profit

byCustoms Today Report
28/03/2015
in Poland, World Business
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WARSAW: Polish operator Hawe stated that due to the implementation of big infrastructure projects, revenues increased by 90 percent to PLN 332.73 million. The net profit of company reaches PLN 29.40 million and EBITDA of PLN 54.36 million in 2014. Net cash-flow from operations reached PLN 48.46 million, which was PLN 3.62 million more than in 2013.

The group recorded positive financial results in each of its segments. In the segment Telecommunicaitons Services, revenues amounted to PLN 119.86 million and gross profit was PLN 41.23 million. The segment Construction, Design and Repair of New Networks brought in PLN 210.57 million of revenue and PLN 13.99 million gross profit.

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The company’s biggest partners include T-Mobile Poland, Polkomtel, Netia, UPC Poland, Multimedia Polska, Vectra, Inea, ATM and TK Telekom. The total length of the fibre-optic network of Hawe is 3,850 kilometres, and it also operates over 5,000 kilometres of leased lines. The Group Hawe includes the company Otwarte Regionalne Sieci Szerokopasmowe, implementing the broadband network of over 2,200 kilometres in the Warmian-Masurian Voivodeship and 2,000 kilometres in the Subcarpathian Voivodeship.

Tags: big infrastructure projectsPolanld’s Hawerevenue jumps

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