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Bulgarian express delivery co Speedy Q1 non-cons net profit up 34%

Author Martin Raynov
Bulgarian express delivery co Speedy Q1 non-cons net profit up 34%

SOFIA (Bulgaria), May 8 (SeeNews) - Bulgarian express delivery company Speedy [BUL:0SP] posted a first-quarter non-consolidated net profit of 2.813 million levs ($1.613 million/1.438 million euro), up from 2.103 million levs booked a year earlier.

First-quarter operating profit went up to 3.117 million levs from 2.337 million levs in the year-ago period, the company said in a vourse filing.

The company’s total revenue climbed up to 19.639 million levs from 17.279 million levs in the first quarter of 2014.

Total assets amounted to 70.540 million levs at the end of March, slightly up from 70.017 million levs a year earlier.

Speedy's share capital remained unchanged at 5.336 million levs. Its total liabilities declined to 28.932 million levs from 31.222 million levs in the first quarter of 2014.

  Q1 2015 (in mln levs) Y/Y Change (%) Q1 2014 (in mln levs)
Net profit 2.813 34% 2.103
Pre-tax profit 3.117 34% 2.337
Operating profit 3.117 34% 2.337
Total revenue 19.639 14% 17.279
Total assets 70.540 0.75% 70.017
Cash and cash equivalents 4.842 -3.41% 5.013
Share capital 5.336 0.0% 5.336
Total liabilities 28.932 -7.33% 31.222

(1 euro = 1.9558 Bulgarian levs)

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