After-tax profit of Zwack Unicum, Hungary's biggest spirits maker, rose 6% to HUF 3.2 billion in its business year ended March 31, an earnings report published on Wednesday shows.
As MTI notes, sales, net of excise tax and a DRS deposit fee for bottles, edged up 2% to HUF 24.4 billion. Sales of premium products climbed 7%, boosted by the rollout of Unicum Orange Bitter, a new flavor in the company's flagship portfolio.
Material costs fell 2% to HUF 8.6 billion, supported by the firmer Hungarian currency, the forint. Gross margin rose by 1.2pp to 64.6% as the ratio of higher-margin products increased.
In a separate announcement, Zwack said its board would propose payment of a HUF 1,550-per-share dividend on earnings for the business year at an annual general meeting scheduled for July 2.
In its quarterly report on the website of the Budapest Stock Exchange, Zwack Unicum says that according to the April–March 2025 market research data for the taxed retail turnover in Hungary, the spirits market increased by 6.9% in volume and increased by 11.4% in gross value. “In the same period, our Company’s sales of spirits in the retail category increased year-on-year by 1.4% in volume and of 4.4% in gross value. The discrepancy between Zwack's volume data and market research data can be explained largely by the ongoing practice of inventory reduction by retail chains.”
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