Alpha-Vet Allatgyogyaszati revenue reaches HUF 11.3bn in 2011

Hungarian veterinary products company Alpha-Vet Allatgyogyaszati had revenue of HUF 11.3bn in 2011, up HUF 800m from HUF 10.5bn in 2010.

The company had total assets of more than HUF 707bn in 2011, with net assets of HUF 3.5bn. Pre-tax profit came to HUF 458m and net profit was HUF 300m.

The group underwent a restructuring last year: Alpha-Vet companies were moved under a holding company in order to make operation more transparent and cost-efficient.

Alpha-Holding had net assets of HUF 12.5n at the end of 2011.

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