Financial results - Diplomacy & Trade https://dteurope.com Monthly in print | Daily on the web Thu, 17 Mar 2022 23:08:39 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://dteurope.com/wp-content/uploads/cropped-dt_favicon-32x32.png Financial results - Diplomacy & Trade https://dteurope.com 32 32 Audi Hungaria: Stable Financial Results in 2021 https://dteurope.com/business/audi-hungaria-stable-financial-results-in-2021/ Thu, 17 Mar 2022 16:50:00 +0000 https://dteurope.com/?p=48823 Audi Hungaria closed the 2021 fiscal year with a stable result, despite challenges caused by the coronavirus pandemic and semiconductor shortages. The world’s largest engine manufacturing plant produced 1,620,767 engines while in vehicle production, 171,015 cars rolled off the production line – a record in the history of the company. Last year, the company generated […]

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]]> Good Year for Magyar Telekom https://dteurope.com/telecommunications/good-year-for-magyar-telekom/ Fri, 25 Feb 2022 08:43:00 +0000 https://dteurope.com/?p=48095 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 […]

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]]> Record High EBITDA in 2021 at MOL Group https://dteurope.com/business/record-high-ebitda-in-2021-at-mol-group/ Sun, 20 Feb 2022 09:32:00 +0000 https://dteurope.com/?p=47997 MOL Group has announced its financial results for Q4 and full year 2021. In a very volatile external environment, MOL Group generated USD 947mn Clean CCS EBITDA in Q4, bringing full-year clean CCS EBITDA to an all-time high USD 3.531 bn, above the updated guidance. Simplified free cash flow tripled since last year and amounted […]

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]]> MOL Group Announces Third Quarter Results https://dteurope.com/business/mol-group-announces-third-quarter-results/ Mon, 09 Nov 2020 10:55:22 +0000 https://dteurope.com/?p=26633 During the pandemic and economic crises, Clean CCS EBITDA at the Hungarian oil and gas group MOL strongly rebounded from the second quarter lows and came in at USD 610 mn in Q3 2020, only 12% lower than in the same period last year. According to a press release by the Group, this result brought […]

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]]> MOL Group Cash Flow Remains Positive https://dteurope.com/business/mol-group-cash-flow-remains-positive/ Sat, 08 Aug 2020 08:38:19 +0000 https://dteurope.com/?p=22625 Hungary's MOL Group announced its financial results for the first half and second quarter of 2020. In the first six months, the Group delivered USD 975 mn EBITDA while Q2 EBITDA significantly declined compared to last year, due to the pandemic and economic crisis. The 2020 capex guidance of up to USD 1.5 bn was […]

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]]> Declining Revenues at Magyar Telekom https://dteurope.com/business/declining-revenues-at-magyar-telekom/ Thu, 06 Aug 2020 11:55:00 +0000 https://dteurope.com/?p=22450 Magyar Telekom has published its financial results for the second quarter and first half of 2020 on the website of the Budapest Stock Exchange. Among the financial highlights, the company says revenues declined by HUF 3.6 billion, or 2.2% year-on-year, to HUF 157.2 billion in Q2 2020, driven by lower contribution from the SI/IT business […]

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