Rossmann Magyarország looks to reach double-digit revenue this year

German-owned health and beauty products retailer Rossmann Magyarország anticipates that it will close 2015 with double-digit revenue and notable profit growth, managing director László Florian announced at a press conference today, according to state news agency MTI.
Last year, Rossmann Magyarországʼs revenue increased by nearly 10% to HUF 52.1bn, while after-tax profit was up almost 50% to HUF 2.3 bln.
Rossmann currently has 187 stores in Hungary and will open another three this year. The company hopes to expand further, primarily in Budapest, Florian said.
Rossmann Magyarorszag has a headcount of 1,250.
ADVERTISEMENT
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.