SOFIA (Bulgaria), August 22 (SeeNews) – Bulgarian lavender oil and cosmetics producer Lavena [BUL:4L4] said its net profit grew by 2.5% on the year to 687,000 levs ($396,800/351,000 euro) in the first half of the year.
Sales revenues increased by 15% on the year to 7.15 million levs in the January-June period, Lavena said in a report filed with the Sofia bourse on Friday.
You can download the 2023 Agriculture industry in Southeast Europe report here
Lavena, established in 1962, owns lavender plantations and exports its products to Europe, Asia, Africa, Australia and the U.S.
Bulgaria is among the biggest lavender oil producers in the world.
(1 euro = 1.95583 levs)