The result of Alföldi Tej Kft. was improved by 800 million HUF in 2019

By: Trademagazin editor Date: 2020. 08. 24. 11:32

In the 2019 business year, the results of the Alföldi Tej Kft., Hungary’s second largest dairy company, improved significantly. Although the company’s sales revenue decreased by almost 2 billion HUF, the profitability improved spectacularly by almost 800 million HUF, compared to the loss-making year of 2018, so the company closed 2019 with a positive result of over 641 million HUF.

The company produces fresh, ESL and UHT milk, sour cream, kefir, yoghurt, cottage cheese, Trappist cheese, cream, butter, buttercream and employs about 700 people in its plants in Székesfehérvár and Debrecen. In 2019, in addition to its sales revenue of 52.6 billion HUF, the company achieved a pre-tax profit of 641 million HUF and invested HUF 9.6 billion.