Sales, net of excise tax and a DRS deposit fee, climbed 7pc to HUF 24.1bn.

Operating costs rose at a faster clip, increasing 15pc to HUF 11.7bn.

Zwack said domestic sales in the fourth quarter of its business year had fallen close to 14pc because of the later Easter holiday and a country-wide slack in consumption due, in part, to higher-than-expected inflation.

Zwack raised its prices by 4.7pc, on average, from January 1, 2025, following a 4.1pc excise tax hike and dearer feedstock prices because of the weaker forint.

Zwack shareholders approve HUF 1,500-per-share dividend

Shareholders of Zwack Unicum, Hungary's biggest spirits maker, approved payment of a HUF 1,500-per-share dividend on earnings from the business year ended March 31 at an annual general meeting on Wednesday, Zwack said after the AGM.

The dividend fund comes to HUF 3.052bn.

Zwack shareholders approved a HUF 1,400-per-share dividend at the AGM a year earlier.

Source:

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