Despite the Many Customers, the Hungarian Aldi Ended the Year with a Loss: It Was Revealed Where All the Money Went

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Aldi Hungary achieved sales of HUF 533.2 billion last year, which represents an increase of 2.9 percent, but this below-inflation expansion indicates a decrease in volume. The discount chain recorded a loss of HUF 9.6 billion, thus losing a total of HUF 46.4 billion in three years. The parent company gave a HUF 5 billion capital injection to the Hungarian subsidiary, whose equity still decreased from HUF 15.7 billion to HUF 11.1 billion. However…

Heti Világgazdaság

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The net turnover of the Hungarian Aldi grew by less than 3 percent last year. Although the loss decreased significantly on an annual basis, it still amounted to more than 9 billion forints.

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Last year, the net sales of the Hungarian Aldi increased slightly, by less than 3 percent, but the company remained loss-making. Although the financial deficit was reduced to a fraction of the previous year, due to high tax burdens, the discount chain still ended the year with a deficit of more than 9 billion forints, HVG reported.