HUNGARY: Globus sees 55% rise in 2002 pre-tax profits
Hungarian cannery firm Globus has reported a pre-tax profit for the first ten months of this year of HF1.84bn (US$8.1m), a 7.8% increase compared to the same period of last year. The company also announced new forecasts for full-year results. Sales revenues are now expected to be lower than previously forecast, but at HF33.6bn they are still expected to be 23% higher than last year. The company attributed the lower revenues to exchange losses on western European export orders committed before the recent strengthening of the Hungarian forint.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 16 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Unilever 2016 investor day - the top takeaways
- Have food promotions reached tipping point?
- Mondelez goes beyond certified cocoa - analysis
- How Tyson's new CEO plans to grow the meat group
- The key questions for digital strategists in 2017
- Nestle unveils process to cut sugar by 40%
- Unilever sets new margin target with help from ZBB
- Unilever focuses on "value" of spreads arm
- Putin 'wants embargo to run as long as possible'
- McCormick to buy flavours business Enrico Giotti