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Export-driven Growth at Security Printing Company

D&T
November 20, 2019

9% net sales growth, nearly HUF 10 billion export sales, 37% export ratio – these are the main numbers characterizing the business results of Hungary’s ANY Security Printing Company PLC. In the first nine months of 2019, according to a report published on the website of the Hungarian Stock Exchange where the company is listed.

In details, net sales of ANY PLC for 2019 Q1-Q3 amounted to HUF 25.3 billion, which is higher by HUF 2.2 billion (9%) than in the same period of previous year. Export sales amounted to HUF 9.4 billion, which is higher by HUF 1.4 billion than in the same period of last year, representing 37% export ratio. Consolidated EBITDA (earnings before interest, taxes, depreciation and amortization) is HUF 2,571 million, consolidated operating income is HUF 1607 million, whilst consolidated net profit is HUF 1,009 million.

As Gábor Zsámboki, CEO of ANY Security Printing Company PLC., pointed out in the report, “we have another active period behind us. Our high sales are extremely driven by our expanding range of products manufactured for international markets. Thanks to our strong presence and activity in the foreign market, our export sales were nearly HUF ten billion in the last nine months. By means of our expanding manufacturing capacity and innovation, we are able to serve the dynamically growing demands for domestic and foreign document cards more efficiently. Ratio of strategic product segments in total net sales was 94%. Our figures show solid growth, the key to our success are continuous improvement and production of high value-added products.”

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