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Globus has major losses in Q4

Canning factory Globus Rt produced huge losses last year, according to the company's Q4 report.

Total results were Ft 4.3 billion in the red. Operating losses took about Ft 2 billion; the rest came from one-time effects with total value of minus Ft 2.9 billion. The report includes an explanation that covers increasing energy prices, the entry of new competitors to the market, as well as the strong Forint in its reasons for the bad performance.