The 25-year-old Vajda-Papír closed another extremely successful half-year

According to Attila Vajda, the founder and managing director of Vajda-Papír Kft., the dynamic expansion is due to the company’s increasing efficiency, continuous innovations, including the steps taken for sustainable production, noting that the external environment has also consolidated, energy costs have decreased, and inflation has slowed down , demand did not increase, but stabilized at a high level. Based on the first half of the year, they expect a double-digit increase in the volume of products sold this year, he added. In the first half of 2024, the company held its positions on both the domestic and export markets, he emphasized, emphasizing that the positions are expected to strengthen throughout the year. In 2024, the company is planning an increasing amount of realized sales, and this is coupled with a higher EBITDA expectation.

In the first six months, EBITDA increased to HUF 4.8 billion from HUF 3 billion in the same period last year, Attila Vajda pointed out, noting that the half-year performance is particularly favorable given that the company had already closed the previous year strongly. He reminded that the Vajda-Papír Group achieved a record profit in 2023, both in absolute value and in relation to sales revenue.

In the first half of 2024, the net sales revenue increased by 25% compared to the same period in 2023, the profit before tax was 108% higher. The best results were achieved by the intercompany business with a 39% increase. The average gross sales price of the products sold decreased by 2%, which is in line with the market average. The population’s consumption of hygienic paper products stabilized at a high level in all of Vajda-Papír’s main markets, especially in the household paper towel category.