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 state banned the purchase of Alföldi Tej
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Jack Ma is back at the forefront of Alibaba – AI development could boost the company
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Fashion Show, unique color advice, sneaker design in the Allee autumn event offer
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >