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Outstanding Third Quarter Results at the MOL

Nov 4, 2022

Supported by the strong Upstream and Downstream performance, driven by the macroeconomic factors, Clean CCS EBITDA resulted in USD 1,449 mn in Q3 2022, the Hungarian oild and gas company MOL said on the website of the Budapest Stock Exchange. This result brought Q1-Q3 2022 EBITDA to USD 3,627mn that allows MOL to further upgrade […]

PannErgy Sold 38.9% More Heat in the Third Quarter

Oct 15, 2022

PannErgy Plc. sold 201,100 gigajoules of heat in the third quarter, 38.9% more than in the same period last year, the company said in a production report published on the Budapest Stock Exchange (BSE) website. According to the information, the outstanding performance was due to a cooler-than-average September and continued investment in efficiency, operational safety […]

Rába Group Reports Growing Revenues but Also Net Loss

Aug 24, 2022

The consolidated sales revenue of the Rába Group in H1 of 2022 amounted to HUF 30.0 billion, which is an increase by 26.6% compared to the figure of HUF 23.7 billion reported for the base period of H1 of 2021. The operating result of the group during the current period amounted to HUF 750 million […]

Hungarian Oil and Gas Company Reports Record Profits

Aug 5, 2022

In the first six months, MOL Group delivered USD 2.179 bn EBITDA while in Q2 the EBITDA reached USD 1.347 bn, an overall strong result considering the volatile, unpredictable and uncertain external environment, according to financial results for Q2 and H1 2022 announced by the Group on the website of the Budapest Stock Exchange. Upstream […]

Record Revenue and Earnings at AutoWallis

May 28, 2022

AutoWallis Group, present in 14 countries in the region, closed the first quarter with growth that far exceeded the market average and an exceptional improvement in efficiency. The Group’s net earnings increased more than five-fold to HUF 1.9 billion, its EBITDA more than doubled to HUF 3.1 billion, and its revenue increased by 18%. This […]

Good Year for Magyar Telekom

Feb 25, 2022

Total revenue at the Hungarian telecommunications service provider Magyar Telekom increased by 2.5% year-on-year to HUF 193.6 billion in Q4 2021, or 4.0% year-on-year to HUF 700.1 billion for the full year, primarily driven by increases in telecommunication service revenue, particularly mobile data which offset the lower System Integration and IT (SI/IT) sales in both […]

Good 3rd Quarter Results at Hungary's Oil&Gas Firm MOL

Nov 5, 2021

Supported by the macro-economic environment, the doubling petrochemicals margins compared to last year and the internal performance of the company, Clean CCS EBITDA strongly rebounded and came in at USD 1,025 mn in Q3 2021. According to a press relase by the company, this result brought Q1-Q3 2021 EBITDA to USD 2,583 mn that allows […]

AutoWallis Expects Revenue to Multiply by 2025

Sep 28, 2021

Hungary's AutoWallis Group has outlined its expectations for the next few years: more than four times last year’s revenue and six times last year’s EBITDA expected for the year 2025. The AutoWallis Group expects dynamic growth until 2025, it revealed in the updated strategy published this Tuesday on the website of the Budapest Stock Exchange. […]

Huge Profit at the Oil and Gas Company MOL

Aug 9, 2021

MOL Plc. significantly increased its revenues in the second quarter, with first-half EBITDA (operating profit before interest, taxes, depreciation and amortisation) exceeding HUF 505 billion, more than double the result of the same period last year, according to a report published on the website of the Budapest Stock Exchange (BSE). Highlights of the period included► […]

Duna House Group Returns to Growth Trajectory

Nov 28, 2020

Real estate venture Duna House Group says its crisis-resistant model has exceeded expectations by returning to its previous growth trajectory in the middle of the COVID-19 pandemic. A report by the Group on the website of the Budapest Stock Exchange highlights that net sales revenue increased by 11%, cleaned core EBITDA (earnings before interest, taxes, […]

ANY Security Printing Company Remains Profitable

Aug 17, 2020

The sales revenue in the first half of 2020 of ANY Printing Company Plc. was HUF 13 billion. Exports reached HUF 5.7 billion, which represents a 44% ratio. In the first half of 2020, ANY’s sales revenue is HUF 13 billion, which is 19% lower than in the same period last year. Export sales is […]

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