Wirtualna Polska dismisses the president
– We review the personnel on a continuous basis. We do not plan group redundancies in the allocation of the Labor Code, which does not mean that we will not make a qualitative assessment of the exchanges or add those that will be obtained from the assessment of the situation – said Jacek Świderski at the conference on the results Wirtualna Polska group in the middle age.
He noted that the company may be useful for reducing staff costs if the market situation improves. – As of today, we have not announced this type of construction. We don’t think the ten crises will be particularly deep and persistent – ultimately.
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Świderski effect that forecasts have been used for a long time, especially for the tourist market, based on spring 2020 right after the outbreak of the epidemic. Wirtualna Polska was released at Nocowanie.pl and Wakacje.pl, but they are smaller than at other entities in this industry.
The main competitor of the Wirtualna Polska group among the publishers of horizontal portals – Ringier Axel Springer Polska, which also publishes a group of press titles – has undergone a significant transition. He said goodbye to about 120 employees, besides because of Br. the withdrawal of the “Auto Świat” list was abandoned and the manner of publishing “Sports Review” was reduced up to two weeks.
It also slows down Agora, which, apart from the Internet and the press, is present in the radio, cinema and advertising environment. The Agora company itself soon said goodbye to 84 employees (it agreed with “Solidarity”), while its independent company Helios maximum 53 peopleand in the case of non-renewal of selected contracts and non-filling of vacancies, it decreased by a further 16 FTEs.
Over PLN 200 million in staff costs
In three quarters of this year benefits of the Wirtualna Polska group for benefits and employee benefits amounted to PLN 203.62 million, up 11.1% year on year. more than last year. Employee costs alone increased by 6.5% year on year. – from PLN 64.48 to PLN 68.68 million. The company does not disclose how many full-time employees it has.
In its cost, employee costs are one of the two main items. For third-party services, the holding in three quarters of this year allocated PLN 207.91 million (which, compared to PLN 161.14 million a year earlier, meant an increase of 29 percent), and only in the initial phase – PLN 77.69 million (22.7 percent more than the year before).
In turn, depreciation costs in the three quarters are used year on year from PLN 64.13 to 71.64 million, consumption of materials and energy – from PLN 3.98 to 5.91 million, and expenditure defined as other – from 9.02 to PLN 11.86 million.
Wirtualna Polska with a series of acquisitions in the media and e-commerce
In early April, Wirtualna Polska agreed Indirect acquisition for PLN 20 million of approx. 12 percent. shares of Restaumatic Deliver in a SaaS system model to support the management, sales and management of restaurants.
In mid-August, Wirtualna Polska for over PLN 12.6 million, it bought 40 percent of shares of companies managing the Patronite crowdfunding platform. At the end, the station Służew company belonging to the Wirtualna Polska holding acquired more than 50 percent. shares in Audioteka, investing a total of PLN 95.3 million in it.
In turn, in mid-October, Wirtualna Polska preliminary purchase price for PLN 20.9 million 44.5 percent. shares in Selsey online store with furniture, interior design and garden accessories. In addition, it is to contribute to it its Homebook platform, valued at PLN 12 million.
When at the beginning the limited liability company of the Wirtualna Polska holding company finalized the purchase of 100 percent. Hungarian company Szallas for a total of approx. EUR 83 million. The deal was announced in mid-September.
Szallas is a platform for booking tickets in Hungary as well as in the Czech Republic, Romania, Poland and Croatia. His website with a total of almost 90 thousand. accommodation hotels, and since July last year until June over 1 million bookings have been made. Szallas generated EUR 6.6 million in EBITDA in this period. The acquired company owned by Polish Noclegi.pl, Hungarian Utazok.hu, Czech Hotel.cz and Online Holding and Romanian Travelminit International.
At the same time, Wirtualna Polska bought 100 percent shares of Mediapop companies issuing, among others, Jastrzębpost.pl, Pysznosci.pl, Genialne.pl and Popularne.plpaying PLN 28 million (plus PLN 9 million).
In the warm age of the revenues of the Wirtualna Polska capital group increased by 20.3 percent. to PLN 270.9 million, net profit decreased from PLN 54.87 to PLN 50.76 million. Its subsidiary Wakacje.pl is taking advantage of the double-digit sales growth in the third quarter of 2019 in countries.