Euronics’ sales revenue increased by almost 19 percent last year

By: Trademagazin Date: 2022. 10. 26. 08:36

The net sales of Vöröskő Kft., which operates the Euronics technical store chain, increased by 18.7 percent to almost HUF 88.7 billion in the business year from July 1, 2021 to June 30, 2022, compared to the same period a year earlier, the company announced on the website of the Budapest Stock Exchange (BÉT) on Wednesday.

Net sales increased by 18.7 percent

In 2021, the company switched to a business year different from the calendar year. The profit before tax of Vöröskő Kft. in the first new business year was HUF 2.17 billion, and the profit after tax was HUF 2.02 billion. In the business report, this year’s HUF 7 billion bond issue in the Growth Bond Program of the Magyar Nemzeti Bank (MNB) was mentioned as an extremely important element of the financial strategy, with which they gained stability and cheap financing.