Tag: profit

Hankook Reports Q1 2026 sales of approximately EUR 3 Billion and operating profit of approximately EUR 295 Million

Hankook Reports Q1 2026 sales of approximately EUR 3 Billion and operating profit of approximately EUR 295 Million

Premium tire manufacturer Hankook today published its consolidated global financial results for Q1 2026, reporting sales revenue of KRW 5.3139 trillion (approximately EUR 3,100.7 million) and an operating profit of KRW 506.9 billion (approximately EUR 295.8 million). Compared to the previous year, sales revenue and operating profit increased by 7 percent and 42.9 percent respectively. In the tire segment, sales […]

Read more ›
Selectsoft: Small and mid-sized retailers lost 3.2 Million euros in profit over the past year due to inventory errors

Selectsoft: Small and mid-sized retailers lost 3.2 Million euros in profit over the past year due to inventory errors

Small and mid-sized retailers lost approximately 3.2 million euros in profit over the past year due to inventory errors, according to internal data from Selectsoft, a Romanian provider of ERP solutions for SMEs. At market level, losses generated by inefficient inventory management can account for between 5% and 15% of a company’s profit, while around 40% of small businesses either […]

Read more ›
H2 2025 performance validates our strategy and sets the Austriacard Group on track to target growth in 2026 backed by innovation

H2 2025 performance validates our strategy and sets the Austriacard Group on track to target growth in 2026 backed by innovation

Digital Technologies, Document Lifecycle Management and Identity solutions spearhead a substantial H2 rebound, with adjusted EBITDA up 23% vs. H2 2024 ▪ Group Revenues of €360.2m (8% reduction vs. FY2024), adversely impacted by the normalization in the Turkish payment card market as well as by the unfavourable base effect from FY2024 of metal card sales to a Fintech client in Europe, […]

Read more ›
2025 Brings record Net Profit for Connections (CC): RON 35.5 Million

2025 Brings record Net Profit for Connections (CC): RON 35.5 Million

Connections, a technology company listed on the Bucharest Stock Exchange (BVB), on the AeRO market, under the ticker symbol CC, closed 2025 with a record net profit of RON 35.5 million, up 301% compared to 2024. At the end of last year, turnover reached RON 152.5 million, up 44% year-on-year. Connections fully eliminated its long-term debt and substantially reduced its […]

Read more ›
SD Worx Reports Double-Digit Growth and Strengthens Its European Position

SD Worx Reports Double-Digit Growth and Strengthens Its European Position

SD Worx, the European leader in HR and payroll solutions, with operations in Romania as well, closed 2025 with strong financial results. Consolidated revenue increased by 10.7% to €1.307 billion, while adjusted EBITDA reached €271.2 million (+16.5%). For the first time, consolidated net profit exceeded the €100 million threshold, reaching €101.4 million (+6.9%). This performance supports the company’s continued investments […]

Read more ›
Connections reaches a 29% gross profit margin, with a 76% revenue increase in Q3 2025

Connections reaches a 29% gross profit margin, with a 76% revenue increase in Q3 2025

Connections (stock symbol CC), a Romanian technology company listed on the AeRO market of the Bucharest Stock Exchange, announces its financial results for the third quarter of 2025. In the first nine months of 2025, the company recorded a solid performance across its key financial indicators, with group-level revenues reaching 111.1 million RON, up 76% compared to the first nine […]

Read more ›
Termene.ro: 2022, the most profitable year for Romanian companies

Termene.ro: 2022, the most profitable year for Romanian companies

Termene.ro, the business intelligence platform from Romania, which integrates data analyzed with the help of artificial intelligence about companies, has carried out a complex analysis of the evolution of the business environment in 2022.    The analyzed data showed that last year, Romanian companies enjoyed unprecedented revenues and profits. At the same time, in 2022 there was an increase in […]

Read more ›