Zwack Unicum Nyrt. Reports Significant Business Results

The domestic premium spirits market, which had seen a decline following a post-pandemic boom, appears to be stabilizing, partly due to rapid disinflation. Zwack’s own production of premium and quality products saw notably high revenue growth, particularly highlighted by the above-average growth of the Unicum brand. Domestic product sales net revenue increased by 7.3%, while the net revenue from distributed products exceeded the base period by 3.9%.

However, mixed results were observed in export markets. Among the largest export markets, there was growth in Italy, while significant declines were seen in Germany and Slovakia. In the Duty-free category, however, revenue grew by 11%.

The company’s financial status was notably influenced by higher revenue along with increased material and personnel expenditures. Material costs rose by 5.1%, while personnel expenditures increased by 12.5%, partly due to significant wage developments. Despite this, the company achieved a taxed profit of HUF 2,906 million, which is 15.7% lower compared to the previous year but significantly exceeds the planned figure.

Decisions at the general meeting included dividend payments, which amount to HUF 1,400 per share, representing a dividend level of 140%. For the next business year, the company plans further growth, with a particular focus on significantly increasing domestic and international marketing expenditures.

Zwack Unicum Nyrt.’s results and plans clearly demonstrate the company’s adaptability and efforts to strengthen its market position in a changing economic and market environment.