Large Companies Hindered but Not Threatened by Energy Prices

Analysis

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The rise in energy prices is having a moderate effect on large companies, but does not endanger their operations, according to the K&H Large Company Growth Index measured in the fourth quarter of last year, writes the business daily Világgazdaság. 

The research examined the one-year expectations of companies with a turnover of more than HUF 2 billion. According to the results, almost half, 48%, are adversely affected by the increase in energy prices, but only 4% feel their operations are at risk. 

The higher a company's sales revenue, the more it is hindered by higher prices, according to the survey. 

Energy prices adversely affect 39% of companies with annual sales between HUF 2 bln-3.9 bln, 68% of companies with sales between HUF 4 bln-9.9 bln, and 75% of large companies with sales of more than HUF 10 bln.

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