Stable growth in strategic markets of the Printing Company

In the first quarter of 2014 ANY Security Printing Company PLC increased net sales by 27% and export sales by 54%, the net income became higher by 36% compared to the same period of previous year.

Net sales of ANY PLC for Q1 2014 amounted to HUF 5.6 billion which is higher by 27% than in the first quarter of the previous year. Growth in sales was due to the improvement in strategic product lines. Due to form producing and logistic activities of the foreign subsidiaries, the raise of export sales continued. Export sales reached HUF 1.8 billion with 54% increase, which is 32% of the total net sales. The Company’s profitability improved as well, EBITDA increased by 24%, operating income by 37%, whilst net income amounted to HUF 262 million, which shows a 36% rise compared to the similar period of last year.

“One can tell nowadays that – due to our Romanian, Bulgarian and Slovakian subsidiaries – our export market activity that we started 10 years ago significantly supports the stable operation of the Printing Company. The export sales ratio reached 32%; the Romanian and Bulgarian form personalisation capacity, which is close to the domestic extent, have an important role in this figure. In this quarter the amount of sales has been increased also by printing election ballots and logistic activities connected to them for parliamentary election, which demanded an extremely tight and stretched pace of work, however, our previous experience and expertise of our staff ensured that we fully accomplished this extremely important order.” – commented Gábor Zsámboki, CEO of ANY Security Printing Company PLC.