The Formatex toy dealer expects nearly 10 percent increase in turnover this year
The toy dealer and importer Formatex Kft. this year expects a net sales revenue of 3.837 billion HUF, which is equivalent to almost 10 percent increase over the last year – the company told MTI.
The communication cites Borhi János managing director, who said that 60-70 percent of the annual sales are realized before the year-end holidays. The company expects that this year the Christmas turnover may grow by 8 percent, compared to last year, while on the online platforms a 230 percent improvement is expected. (MTI)
Related news
Easter also boosts the gaming market, according to a survey
Easter also boosts the toy market, with families with young…
Read more >The outdoor season starts at Easter at the toy market
In families with young children, gift-giving remains a defining part…
Read more >Waberer’s would double its earnings by 2031
Despite the challenges, Waberer’s closed last year with record results.…
Read more >Related news
Hungarians are the most likely to tip food delivery people online
Tipping remains popular among Hungarians, and this is also evident…
Read more >Kifli.hu retained its first place in the online food market
Kifli.hu has topped the FMCG category of the e-commerce top…
Read more >SAP: Cloud development makes beer tastier
The 130-year-old Budweiser Budvar is known for its excellent beers,…
Read more >