Bulgarian industrial group Stara Planina Hold said on Thursday it expects its consolidated sales in March to increase by an annual 2.39% to BGN 47.4 million. In February, the holding's consolidated sales rose 1.71% on the year to BGN 31.2 million. In December 2015, Stara Planina Hold forecast consolidated sales of BGN 178 million in 2016, an increase of 2.3% from the previous year. The group plans to invest a total of BGN 17.8 million this year. Stara Planina Hold's investment portfolio includes companies from the machine building, electrical engineering, perfumery and cosmetics and textile industries.
Source: investor.bg (24.03.2016)

Bulgaria's Stara Planina Hold sees 5-mo cons sales up 2.7% y/y Bulgarian industrial group Stara Planina Hold expects its consolidated sales for the first five months of the year to increase by an annual 2.66% to BGN 79.6 million. In January-April, the company's consolidated sales rose 3.55% on the year to BGN 64.6 million, exceeding previous expectations of 2.62% growth. In May alone, Stara Planina Hold expects sales of BGN 15 million, down from BGN 16.7 million in April. Stara Planina Hold's investment portfolio includes companies from the machine building, electrical engineering, perfumery and cosmetics, and textile industries. The group plans to invest a total of BGN 17.8 million this year.
Source: investor.bg (26.05.2016)

Bulgaria's Stara Planina Hold sees H1 cons sales up 4% y/y Bulgarian industrial group Stara Planina Hold expects its consolidated sales for the first half of the year to increase by an annual 4.05% to BGN 96.9 million In January-May, the company's consolidated sales rose 2.52% on the year to BGN 79.5 million, slightly below its expectations of a 2.66% growth, it said in a bourse filing on Thursday. In June alone, Stara Planina Hold expects sales of 17.4 million levs, up from BGN 14.9 million in May. Stara Planina Hold's investment portfolio includes companies from the machine building, electrical engineering, perfumery and cosmetics, and textile industries. The group plans to invest a total of BGN 17.8 million this year.
Source: investor.bg (24.06.2016)

M+S Hydraulic with strategic cooperation agreement M+S Hydraulic and Hydraulic Nord Fluidtechnik signed a 5-year cooperation agreement. The collaboration will focus on technology development, production and joint approach to OEM markets. Today, 1200 employees produce more than 700 000 hydraulic products in the factories of Hydraulik Nord Fluidtechnik and M+S Hydraulic AD combined. The products of both companies are sold in more than 100 countries worldwide. The strategic partnership will be a key driver for growth and mutual advantage over the next five years. New and larger opportunities are expected as the partnership enables both companies to offer more added value to their customers at a competitive level worldwide. M+S Hydraulic announced that for the first six months of 2016 it has BGN 8.38 million profit before tax and earnings of BGN 48.7 million. Since the beginning of 2016 its shares have risen by 4.28% to BGN 5.089 per share. The market valuation of the company, according to the latest data, amounted to BGN 198.7 million.
Source: profit.bg (26.07.2016)

Bulgaria's Stara Planina Hold sees 7-mo cons sales up 5.4% y/y Bulgarian industrial group Stara Planina Hold expects its consolidated sales for January-July to increase by an annual 5.36% to BGN 113.9 million. In the first half of 2016, the company's consolidated sales rose 4.83% on the year to BGN 97.7 million, above its expectations of a 4.05% growth, it said in a bourse filing. In July alone, Stara Planina expects sales of BGN 16.2 million, down from BGN 18.1 million in June. Stara Planina's investment portfolio includes companies from the machine building, electrical engineering, perfumery and cosmetics, and textile industries. The group plans to invest a total of BGN 17.8 million this year.
Source: investor.bg (26.07.2016)

Bulgaria's Industrial Capital Holding H1 cons net profit edges down Âulgàriàn divårsifiåd ñîmðànó Industriàl Ñàðitàl Íîlding sàid its ñînsîlidàtåd nåt ðrîfit fîr thå first siõ mînths îf thå óåàr fåll 5.0% tî BGN 8.46 milliîn. Ñînsîlidàtåd råvånuås fåll 1.5% làst óåàr tî BGN 94.6 milliîn, whilå ñîsts ådgåd dîwn 0.8% tî BGN 85.4 milliîn. Industriàl Ñàðitàl Íîlding îðåràtås in thå finànñiàl, tràdå, ànd mànufàñturing såñtîrs. Âluå-ñhið Industriàl Ñàðitàl Íîlding shàrås did nît tràdå în Òhursdàó în thå Âulgàriàn Stîñê Åõñhàngå às îf 13:30 ÑÅÒ. În Wådnåsdàó thåó ñlîsåd 0.06% lîwår àt BGN 3.188 às 450 shàrås ñhàngåd hànds.
Source: investor.bg (19.08.2016)

Consolidated sales of Stara Planina Hold in the end of the ten months of 2016 reached BGN 158.8 million, an increase of 6.23% compared to the same period of 2015. The holding announced its current financial results of the most significant enterprises in its portfolio to 31 October 2016 and forecasts sales to 31 November 2016. The company estimates the sales by the end of November 2016 to reach a growth of 5.79% compared same period of 2015. Sales of M+S Hydraulic increased by 7.06% on an annual basis by the end of October to BGN 80.3 million in the first ten months of the year. Only in October they amounted to BGN 8.26 million. Bigger annual growth in sales was reported by Hydraulic Elements & Systems (HES), which increased by 9.93% per year to just over BGN 39 million in the ten months. In October, the company's sales were BGN 3.9 million. In Elhim - Iskra sales increased by 4.23% compared to the same period of 2015 and by the end of October reached BGN 27.706 million. In the tenth month of the year sales amounted to BGN 2.8 million. Bulgarian Rose’s annual sales growth was 21.62% to BGN 5.97 million to 31 October.
Source: investor.bg (23.11.2016)