Bisnode: major sales but losses on the tobacco market

The sales of the tobacco wholesale companies are constantly increasing since 2009, while both their pre-tax profit as well as their net profit declined significantly in recent years: for example in 2011, their cumulative losses increased by 44 percent to 4 billion HUF – the Bisnode business information provider calls attention in its summary sent to MTI on Thursday.

The average revenue per company increased in 2009. This figure amounted to 17.8 billion, HUF, a year later this amount totaled nearly 19 billion HUF, while in 2011 it surpassed 20 billion HUF. (MTI)