Zwack liqueur consumed less-than-expected in the U.S.
The Zwack Unicum reached 1.257 billion HUF after-tax profit, in the first half of the 2009-2010 business year, which is 20.1 percent less than of the base period – reports the company.
Zwack’s gross sales decreased by 13.8 percent, reaching 12.054 billion HUF in six months. The reduced net sales were 7.551 billion, which is 15 percent below the base.
The export turnover was 648 million HUF, which was 24.6 percent lower compared to last year. Nearly 80 percent of the revenue decrease was from the United States, where the Zwack expectations are significantly slower than planned. But in the major European markets volume decrease has been occured also – reports Privátbankár.hu.
Related news
Related news
The Joy of Giving! – SPAR stores collect non-perishable food for people in need
The Hungarian Maltese Charity Service and SPAR Hungary have launched…
Read more >Lidl has published its 3rd sustainability report
Lidl Hungary’s sustainability report for the 2022/2023 business years has…
Read more >Wienerberger donated ten million forints worth of roof tiles for the construction of the Tábitha Hospice House in Törökbálint
The “Being Good is Good!” fundraising activity has been launched…
Read more >