CORRECTED (OFFICIAL) - Bulgaria's Stara Planina Hold sees Jan-Aug sales slightly up

SOFIA (Bulgaria), August 26 (SeeNews) – In SOFIA story " Bulgaria's Stara Planina Hold sees Jan-Aug sales slightly up" dated August 25, please read in the first paragraph “..to increase by 3.54% to 123.4 million levs," instead of "... to increase slightly by 0.93% to 120.2 million levs," and in the second paragraph “..went up by 5.57% to 111.6 million levs” instead of “..went up by 2.63% to 108.5 million levs” (updates figures to comply with an official correction issued by the source).

A corrected version of the story follows:

Bulgaria’s industrial group Stara Planina Hold [BUL:5SR] said on Monday it expects its sales to increase by 3.54% to 123.4 million levs ($83.3 million/63.1 million euro) in the period January-August.

The sales of the holding company’s subsidiaries Hydraulic Elements&Systems [BUL:4HE] and M+S Hydraulic [BUL:5MH] are seen to rise by 11.26% and 5.63%, respectively, by the end of August, while those of battery manufacturer Elhim-Iskra [BUL:52E] are expected to decline by 9.48%, the holding company said in a bourse filing.

Stara Planina Hold’s sales through July went up by 5.57% to 111.6 million levs. In July alone, they amounted to over 15.2 million levs.

M+S Hydraulic’s sales in the seven-month period increased 6.92% to over 56 million levs. Hydraulic Elements&Systems (HES) posted a 12.28% rise to some 27.7 million levs. Elhim-Iskra recorded a drop of 8.36% to 15.9 million levs.

(1 euro = 1.95583 Bulgarian levs)

Choose your newsletter by Renewables Now. Join for free!