Netmedia S.A. released its periodical report for the first half of 2018 and once again demonstrated very good financial results evidencing a dynamic growth of its businesses.

The total turnover was PLN 417.7 million, or 35.0% higher than in the comparable period of the previous year. The EBITDA was PLN 9.2 million, up by 51.9% from a year earlier, and the net profit was PLN 6.6 million, i.e. five times higher than a year ago. These values ​​ represent mainly the results generated by eTravel SA. and its subsidiaries. The main factor responsible for turnover and profitability increases were the acquisitions of entities from the travel industry: Bankowe Biuro Podróży Travel Bank sp. z o.o. and Holiday Travel Sp. z o.o. An additional driver was effective business development, which led to the growth of the client portfolio. All of this has been achieved while maintaining a reasonable cost discipline.