LLP Hungary increases profit by 40%
LLP Hungary, the Hungarian subsidiary of international LLP software service provider group, increased the multinational companyʼs profit by 40% in 2014, the management reported in a press release today.
According to the report, LLP Group increased its profit by 11%, from €7.8 mln to €8.7 mln in 2014, compared to data from 2013. Last year, the company also increased its before-tax profit (PBT) to €1.9 mln, which equates to a 23% increase. LLPʼs Hungarian subsidiary contributed to the total profit by €2 mln.
"LLP Hungary had an excellent year: the group participated in many significant international businesses and increased the number of its employees by 20%,” Barbara Dreska Managing Partner of LLP Group said. According to Dreska, the Hungarian firm became the reseller partner of BlackLine IT company in 2015.
LLP Group is present in ten countries and counts among its clients oil, pharmaceutical and financial companies.
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