As a result of the effective management the Printing Company increased EBITDA by 9%. The export is continuously growing, reached 37% from the total revenue in the ANY Group.
Net sales of ANY Security Printing Company in first quarter of 2015 amounted to 5 billion HUF, which decreased by 11 % compared to similar period in 2014, when the Printing Company made a part of the election forms for the 2014 elections. In addition to a 4 % increase of the export, it reached HUF 1.9 billion, which is 37% of the total revenue in the ANY Group. Despite of the decrease in net sales due to the one-off item of election works, the Company’s profitability has improved, EBITDA increased by 9% and operating income increased by 7%. The net income was HUF 238 million.
“We can tell proudly that to the stable Hungarian revenue, every third forint of it came from the export market. Our strategic products are competitive not only in Hungary, but also abroad and they contribute significantly to the effective operation of ANY Group. This year our goal is to increase operational efficiency beside export sales, which is supported by our innovative document security and IT developments.” – commented Gábor Zsámboki, CEO of ANY Security Printing Company PLC.