Hungarian canned food producer Globus revealed earlier today [Tuesday] that its January-March Q1 pre tax profit has quadrupled this year, to reach 488.2 million forints (US$1.81m) compared to 126.2m forints year-on-year.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Meanwhile, company sales increased by almost 36% to 6.21bn forints.


In a statement, Globus added that for the FY 2002, it “targets a 1.5bn forint pre-tax profit, a near 40% rise over last year, amid a further strengthening of its domestic and export market positions.”

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now