Balaton ferry company aims to up revenues

Telco

Balaton ferry and boat company Balatoni Hajózási Zrt. (Bahart) expects a 5.2% rise in revenues from HUF 2.64 billion last year, CEO József Kollár told reporters following the companyʼs annual general meeting on Friday, Hungarian news agency MTI reported.

Bahart aims at pre-tax profit of HUF 138 million, marginally up on HUF 137 mln last year. Operating profit is projected to rise to HUF 488 mln, up from HUF 453 mln in 2016.

Ferry turnover jumped 13% in volume and 11% in value terms in 2016. The companyʼs ferries transported more than 1.1 million passengers, 337,000 vehicles and 67,000 bicycles, a 14-year high.

Capacity use in the companyʼs 11 sailing boat marinas was 93.7%.

ADVERTISEMENT

Equilor analysts forecast 4.5% GDP growth for 2022 Analysis

Equilor analysts forecast 4.5% GDP growth for 2022

Márki-Zay tests positive for COVID-19 Elections

Márki-Zay tests positive for COVID-19

New leasing and sales director at Horizon Development Appointments

New leasing and sales director at Horizon Development

Gov't calls for technical screening of László Papp Arena City

Gov't calls for technical screening of László Papp Arena

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.