Waberer's Planning to Almost Double Profit by 2027
Listed Hungarian hauler Waberer's International forecasts its annual operating profit will rise from EUR 33 million in 2022 to EUR 61 mln in 2027, according to an updated strategy published on the website of the Budapest Stock Exchange.
Waberer's expects the operating profit generated by its contract logistics business to rise from EUR 11 mln to EUR 27 mln during the period, while EBIT of its insurance business will climb from EUR 12 mln to EUR 20 mln.
The operating profit of the transport and freight forwarding business is set to climb from EUR 10 mln to EUR 14 mln. Revenue is seen rising from EUR 676 mln in 2022 to EUR 1.163 billion in 2027.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.