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Hungarian Printing Company Reports Strong Results

D&T
August 22, 2019

ANY Security Printing Company PLC said net sales in the January-June period amounted to HUF 16.1 billion, HUF 0.5 billion (3%) higher than in the same period a year earlier, according to an announcement from the company. Revenue from the sale of security products and solutions amounted to HUF 4.9 billion, HUF 0.1 billion lower than a year earlier, while sales of card production, personalization totaled HUF 5.0 billion, HUF 0.3 billion higher than the previous year.

The efficiency of the Printing Company can be improved by increasing capacities and by embedding electronic solutions into its core activity, according to Gábor Zsámboki, CEO of ANY Security Printing Company. "Our efficiency program, which started several years ago, is evidence to this trend and it resulted in doubling net sales revenue and 80% higher net profit compared to 2013 with only 24% increase in headcount," the executive said. Electronic solutions, which form a part of the services offered by the company in the form of supplementary biometric, track and trace services for security and business products, are also used in production and logistics. "In the recent period we were proud of a product, which can be considered unique worldwide. Color graphics were printed on the cover page a passport made for export sale. This is a great milestone in the life of the Company,” Zsámboki said.

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