Waberer's Planning to Almost Double Profit by 2027

Transport

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.

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