HUNGARY: Poultry processor Hungerit forecasts net sales rise
Hungarian poultry processor Hungerit has forecast a 14.3% rise in net sales for the full year to HFt24bn (US$96.2m).
Marketing director Maria Kecskes told Econews that this would follow a 31.3% rise in sales to HFt21bn that the company reported last year. The projected results would likely be even better were it not for the strength of the forint, which has appreciated strongly in the last year. The company relies on exports for some 50% of its sales.
The company is expecting to record neither a profit nor a loss this year. It employs 1,500 staff.
- Interview: Sir Kensington's on sale to Unilever
- Interview: "Disruptive" snack brand Hippeas
- Analysis: Post discusses rationale for Weetabix
- Column: Why snacking is the new meal
- Who will buy Danone's Stonyfield business?
- Unilever buys US condiments maker Sir Kensington's
- Tyson shops Sara Lee bakery, Kettle and Van's
- Icelandic to sell Saucy Fish Co. owner Seachill
- Tyson to buy burger-to-entree firm AdvancePierre
- Dairy dampens Danone in Q1