Bulgaria's Stara Planina Hold sees 11-mo cons sales up 7.09%

Bulgarian blue-chip industrial group Stara Planina Hold [BUL:5SR] said on Monday it expects consolidated sales to rise 7.09% to 163.9 million levs ($113.3 million/83.8 million euro) through November.

The group said in a bourse filing that its consolidated sales for the January-October period increased by 7.14% to 149.4 million levs.

According to the statement, Stara Planina Hold’s subsidiary Hydraulic Elements&Systems [BUL:4HE] posted an 8.33% increase in January-October turnover to 33.4 million levs. Another company from the group, M+S Hydraulic [BUL:5MH], a producer of hydraulic equipment, posted a 5.63% growth in sales to 73.2 million levs while the sales of car battery manufacturer Elhim Iskra [BUL:52E] rose by 0.11% to 25.8 million levs through October.

(1 euro = 1.95583 Bulgarian levs)

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