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April 21, 2015 4:24 AM ET

Food and Staples Retailing

Company Overview of Auchan Magyarország Kft.

Company Overview

Auchan Magyarország Kft. owns and operates hypermarkets and supermarkets. The company is based in Budapest, Hungary. Auchan Magyarország Kft. operates as a subsidiary of Groupe Auchan SA.

Bocskai út 134-146.

Budapest,  1113

Hungary

Phone:

36 1 887 4500

Fax:

36 1 887 4599

Key Executives for Auchan Magyarország Kft.

Auchan Magyarország Kft. does not have any Key Executives recorded.

Auchan Magyarország Kft. Key Developments

Auchan Magyarorszag Reports Earnings Results for the 2014

Auchan Magyarorszag reported earnings results for the 2014. The company had revenue of HUF 326 billion last year. In 2013, the chain's revenue rose 8% to HUF 324 billion, the company said earlier. EBITDA rose 52% to HUF 8.5 billion, but the company booked a HUF 12.5 billion loss on its bottom line. About HUF 11 billion of the loss was a bigger than planned write-down, it added. The company's capital expenditures reached HUF 4.8 billion. About half went toward opening five more petrol stations.

Auchan Magyarorszag to Spend HUF 2.5 Billion Construction of Petrol Stations at Stores in 2014

Auchan Magyarorszag will spend HUF 2.5 billion on construction of six self-service petrol stations at the company's stores in 2014.

Auchan Magyarorszag Announces Earnings Results for the Year 2013; Provides Revenue Guidance for the Year 2014

Auchan Magyarorszag announced earnings results for the year 2013. For the period, the company made a loss last year 2013. It racked up a HUF 6.3 billion loss in 2013 and a HUF 10 billion loss in 2012. Revenue climbed about 10%, including the acquisition of seven Cora stores in 2012. Excluding the effect of the Cora stores, revenue increased 5%. The company provided revenue guidance for the year 2014. For the period, the company plans to increase revenue by 5% in 2014 from HUF 324 billion in 2012.

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