The Hungarian drinks group, Zwack Unicum, reported pre-tax profits for 2002 of HUF2.711 billion (US$11.99m), up 11.3% from HUF2.435 billion in 2001. Net sales rose by 5.63% from HUF17.593 billion to HUF18.583 billion. The company said it had seen a significant rise in wine sales.
“An almost one billion forint rise in net sales is divided equally between distributed and own-made products,” the company said. “Within distributed products, turnover of the wine division showed a significant rise, but sales from Diageo and other imported brands also grew faster than the market average.”
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Zwack stated that the growth in its own branded product range stemmed primarily from low alcohol-carbonated drinks.
