The large companies expect higher revenues but lower profits for this year

Following the upturn in domestic trade the large companies in Hungary expect higher revenues but lower profits this year – the research of the K&H Enterprise Growth Index showed. The researchers interviewed 550 companies with net sales of more than 2 billion HUF in the last quarter of last year.

In the communication sent to MTI on Tuesday, Hodina Péter, corporate sales director at K&H said that large companies expect an average of 2.6 percent more revenues this year, which is below last year’s beginning of the year expectations (2.9 percent), but is a progress compared to the 2, 3 percent forecast in the third quarter. (MTI)