Zwack Unicum Plc sales and profits increased in the first half of the year



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According to the progress report, the gross income of Zwack Unicum Nyrt amounted to HUF 12.145 billion in the first half of the business year 2018-2019, while the after-tax profit was 1.129 billion forints.

Net sales – net sales excluding taxes and public health – were $ 7.348 billion, 13.7%, or $ 886 million above base period sales.

In the domestic market, net sales of own production increased 17.1% to 5.18 billion forints. Sales of premium products grew 13.7% compared to the base period. Sales of products with their own quality increased by 25.4%.

The report notes that both volume growth and rising sales prices contributed to the favorable sales figures for the first half of the fiscal year.

Zwack Unicum Plc's export sales amounted to HUF 765 million in the first half of this year, an increase of 5.6 percent compared to the reference period. Almost half of the revenue growth was provided by Unicum Riserva.

Material costs and material expenses increased by 11.7%, 312 million forints and personnel expenses increased by 6.6%, or 89 million forints.

Zwack shares traded in the premium category of the Budapest Stock Exchange, the paper closed on Tuesday for 16,500 forints, the highest exchange rate last year was 17,750 forints, the lowest for 16,000 forints.

(MTI)

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