According to news wire MTI, sales, net of excise tax and a DRS deposit fee, climbed 7% to HUF 24.1 bln.

Operating costs rose at a faster clip, increasing 15% to HUF 11.7 bln.

Zwack said domestic sales in the fourth quarter of its business year had fallen close to 14% because of the later Easter holiday and a country-wide slack in consumption due, in part, to higher-than-expected inflation.

Zwack raised its prices by 4.7%, on average, from January 1, 2025, following a 4.1% excise tax hike and dearer feedstock prices because of the weaker forint.