Security printer ANY sees modest rise in net income

Telco

ANY Security Printing Company had consolidated net income of HUF 852 million in the first three quarters of 2017, up 1% from adjusted profit in the base period, the company said in its interim management report based on unaudited, consolidated IFRS figures, published on the website of the Budapest Stock Exchange.   

Sales of ANY, which is listed in the Premium category of the exchange, rose a similar 1% to HUF 18.6 bln in the first nine months. Export sales alone rose 15% to exceed HUF 7.6 bln. 

Sales of security products and solutions rose 4.5% to HUF 4.8 bln, lifted by exports and the increased volume of tax stamps. Revenue from card production and personalization rose 6.1% to HUF 4.9 bln.    Revenue from form production, personalization and data processing dropped 3.5% to HUF 7.7 bln as higher exports only partly offset missing sales from last yearʼs referendum, ANY reported.

Sales of traditional printing products rose the most, by 13.8% to HUF 851 million in Q1-Q3.

Gross profit fell by 4% in the period to HUF 5.8 bln. Operating income dropped 8.4% to HUF 1.4 bln. 

EBITDA amounted to HUF 2.2 bln, a 3% increase from adjusted EBITDA a year earlier. The EBITDA margin remained at 12%.

Hungary Account Deficit at EUR 561 mln in Q4 Debt

Hungary Account Deficit at EUR 561 mln in Q4

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic... Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic...

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

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.