Bulgaria's Stara Planina Hold Expects 15% Rise in Jan-July Sales
Tuesday, 24 July 2018
Bulgarian industrial group Stara Planina Hold [BUL:5SR] said on Monday that it expects its consolidated sales revenue to grow by an annual 15.2% to 145.9 million levs ($87.5 million/74.6 million euro) in the first seven months of the year.Stara Planina Hold expects to book sales of 20.4 million levs in July alone, the company said in a bourse filing.In the first half of the year, Stara Planina Hold's sales revenue increased 17.5% year-on-year to 125.5 million levs.Stara Planina's investment portfolio includes companies operating in machine building, electrical engineering and perfumery and cosmetics.(1 euro = 1.95583 levs)