Duna House sees 18% increase in earnings from previous year in 2024

Duna House reported a significant increase in net sales revenue, which rose by 21% to HUF 39.6 billion. The company’s performance varied across its operating regions. In Hungary, Duna House generated an after-tax profit of HUF 0.9 billion from sales totaling HUF 7.5 billion. Meanwhile, in Poland, the company managed to break even despite generating sales of HUF 10.8 billion. In Italy, Duna House saw a profit of HUF 1.4 billion from sales amounting to HUF 21.1 billion. Earnings per share stood at approximately HUF 61, reflecting a positive financial performance for the company.

Duna House exceeded its profit targets for the full year, indicating strong operational performance. As a result, the board of directors intends to propose a dividend payment of HUF 43.6 per share at the upcoming annual general meeting scheduled for April 30. This dividend payment reflects the company’s commitment to rewarding its shareholders for their investment in Duna House.

Looking ahead, Duna House has provided guidance for 2025, projecting a clean core after-tax profit between HUF 2.9 billion and HUF 3.6 billion. This forecast shows an increase from the HUF 2.4 billion recorded in 2024, signaling the company’s expectations for continued growth and profitability. By setting ambitious targets for the coming years, Duna House aims to drive further financial success and create value for its stakeholders.

Overall, Duna House’s financial results demonstrate its ability to deliver strong performance in diverse markets. The company’s profitable operations in Hungary, Poland, and Italy showcase its resilience and adaptability across different regions. With a focus on shareholder value and sustained growth, Duna House remains committed to achieving its long-term strategic goals and maximizing returns for investors.