Budapest-based ANY Security Printing Company's turnover was HUF 11.6 billion in the first three months of the year, with HUF 3.8 billion coming from the export market, according to the company's Q1 2022 report.
The turnover of ANY Security Printing Company is HUF 11.6 billion in the first quarter of 2022, which is
20% higher than in the same period of the previous year. Exports amounted to HUF 3.8 billion, with a
significant increase in sales of card products on foreign markets. Consolidated EBITDA is HUF 2044 million,
HUF 749 million more than in Q1 2021. Net profit is HUF 1086 million, higher by HUF 618 million compared
to the same period last year.
The CEO of ANY Security Printing Company Plc., Gábor Zsámboki commented that "after a successful year in 2021, we managed to close the first quarter of 2022 with another increasing result. This is largely due to the steady increase in document orders as the June deadline for renewal of expiring documents approaches, as well as the uninterrupted completion of printing works for the parliamentary elections and the excellent performance of our subsidiaries in the first three months. The increased resource requirements were met by improvements and technological investments made during the pandemic, while existing capacities were well managed, thus our net profit increased significantly thanks to our efficient operations."
He added that "the effects of the economic environment, such as increased delivery times and prices, and difficulties in accessing raw materials, challenge our staff, but do not cause disruption. We will continue to develop our technology, products and services to ensure our continued growth in domestic and international markets.”


Leave a Reply Cancel reply
Ad

Top 5 Articles
Roche Expands its Budapest BSC portfolio February 15, 2021
Fornetti, the Hungarian bakery appears in London April 3, 2013
Hungarians In The French Foreign Legion April 29, 2009
Hungary and Korea: many similarities April 27, 2013
Gateway to Hungary December 27, 2019
No comment yet. Be the first!