According to PwC's 2025 State of Decarbonization report, there continues to be a strong commitment to sustainability as a source of business value. In 2024, more than 4,000 companies reported climate targets to the Carbon Disclosure Project (CDP), a ninefold increase from five years ago. 37% of companies are increasing their ambitions, while 16% are […]
Compared to the previous year, Flextronics' sales revenue decreased by 16.2%. At the same time, the added value has remained essentially unchanged, the company says in its annual report published this Thursday. The primary reason for the decline was the termination of a partnership agreement with a significant share of materials in the industrial business, […]
Total gross sales of Zwack Unicum Plc., the biggest player in Hungary’s spirit market, were HUF 38,788 million in the 2024-25 business year – a year-on-year increase of HUF 1,850 million (5.0%). The total gross sales include revenues from the deposit-refund system (DRS), which was introduced in Hungary on January 2024. During the 2024–2025 business […]
Magyar Suzuki Plc. stabilized its operations despite declining sales revenue, with the decline attributable to excess production in the base year, company executives said at a press conference in Budapest on Thursday. Magyar Suzuki Plc. CEO Masato Atsumi, emphasized that despite the difficulties, 2024 was more predictable than previous years, with both production and sales […]
The building insulation materials firm Masterplast’s revenue (EUR 136 million) declined by 6.2% compared to the 2023 base due to the persistently weak industry environment, despite the successful entry into the market for Certified Energy Savings (HEM), which generated significant additional sales, the company reported on the website of the Budapest Stock Exchange this Friday. […]
Mercedes-Benz Manufacturing Hungary Ltd.'s 2024 revenue was EUR 4.171 billion, down by more than EUR 904 million from 2023, while the automotive company's profit after tax fell to EUR 57.596 million last year from EUR 95.661 million a year earlier, the company said on Thursday on the Budapest Stock Exchange (BSE) website. According to a […]
Gorenje Magyarország Ltd. achieved net sales of HUF 41.4 billion and a taxable profit of HUF 302 million in 2024, increasing its sales by 10% compared to the previous year, said Norbert Füle, managing director, at the company's press conference in Budapest on Wednesday. The Hungarian division of the Slovenian Gorenje Group expects sales of […]
Goodwill Pharma Plc. significantly increased its net sales revenue last year by 27% compared to the previous year, with the company's after-tax profit amounting to HUF 2.155 billion, compared to HUF 1.502 billion a year earlier, according to the consolidated report published by the Szeged-based pharmaceutical company on the BSE website. According to the balance […]
Zwack Unicum Plc. achieved gross sales of HUF 38.788 billion in the 2024/2025 financial year between April 1, 2024 and March 31, 2025, which is HUF 1.850 billion, 5% higher than in the previous financial year, while its annual result increased by 2.9% to HUF 2.9 billion, the company announced on the website of the […]
Vehicle trading company and mobility service provider AutoWallis Group's revenue exceeded HUF 398.4 billion las year, which is HUF 32.2 billion (or 8.8%) higher than the revenue for the previous year, the Group announced on the website of the Budapest Stock Exchange. The report says organic growth in the Group's revenue was 7%, which is […]
Continuing the trend of previous years, Gránit Bank achieved growth above the sector average in 2024. The balance sheet total increased 3.5 times more than the banking sector average, and grew 229 times in 15 years, the Hungarian financial institution told MTI on Wednesday. Gránit Bank said in a statement that the bank and the […]
ANY Security Printing PLC has been present on the Hungarian securities market for two decades. We are pleased to announce that the Company closed the 2024 financial year with favorable results. Our revenue exceeded HUF 70 billion, with the larger portion — similarly to 2023 — originating from international markets, the company said on the […]
MVM Group's profit fell by 12% year-on-year to HUF 324 billion last year, the company, which is a dominant player on the electricity market in Hungary, told MTI on Wednesday. Turnover fell by almost the same amount to HUF 4,534 billion by the end of 2024. The decline was attributed to the impact of energy […]
Erste Bank Hungary Plc. (EBH) will pay a dividend of HUF 110 billion to its sole shareholder, the Austrian Erste Group Bank AG, after its 2024 financial year, the Erste Bank Hungary Plc. announced on the website of the Budapest Stock Exchange on Tuesday. According to the published written shareholder resolution – passed on April […]
Market Építő Plc.'s after-tax profit reached HUF 30.51 billion in 2024, an increase of more than HUF 9 billion compared to the same period last year, while the construction company's revenue decreased from HUF 321.69 billion in 2023 to HUF 307.43 billion in 2024, the construction company said on Tuesday on the Budapest Stock Exchange […]
