STARA PLANINA HOLD PLC
Documents:
Financial Report
Explanatory Notes
Through the interim report:
The first half of 2017 showed higher than projected results. Preliminary aggregated data suggests that consolidated sales for 1H2017 will be 9.5% higher than sales in the same period in 2016 and 6.77% above the business plan.
We expect net sales revenue for the first half to exceed BGN 107 million. This is the strongest half in the 20-year history of the holding.
In the second half of the year we expect consolidated sales to be above BGN 106 million, 19% more than the H2-2016 and 13.9% over the business plan.
We expect sales for FY 2017 to reach over BGN 213 million a growth of 14% compared to FY 2016 sales.
The net profit for the first half of 2017 also increased by 11.73% to BGN 5,868 thousand.
Stara Planina Hold AD published this content on 28 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 28 July 2017 12:09:35 UTC.
Original documenthttp://www.sphold.com/en/news/39-2017/435-1h-2017-financial-report
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