Wabererʼs focuses on growth; dividends later
Hungarian haulage and logistics firm Wabererʼs International could pay dividends on its 2019 earnings at the earliest, CEO Ferenc Lajkó told MTI after an annual general meeting on Monday.
Lajkó noted that Wabererʼs plans to expand its fleet further in Hungary and Poland. The company also sees a real chance to make acquisitions in the Czech Republic and Slovakia, he added, cited by national news agency MTI.
Wabererʼs is not suffering the effects of the labor shortage, but could offer positions to 150 lorry drivers immediately, Lajkó said.
Wabererʼs revenues rose almost 18% to EUR 674 million last year, but after-tax losses amounted to EUR 817,687.
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.