Net sales revenue rose 17% to HUF 6.5 bln, while material costs climbed at the same pace to HUF 2.6 bln. Operating costs increased just 5% to HUF 2.8 bln, lifting operating profit 41% to HUF 1.3 bln. 

Domestic sales climbed 18% to HUF 5.7 bln, with sales of Zwackʼs own products up 16%. Sales of products made by peers rose 24%.

Zwack said it had achieved 45-50% of its annual profit target in the first half and its management projected the company would “moderately outperform” the full-year target.