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Bulgaria's Elhim Iskra beats Jan sales fcast, expects 1.6 mln euro in Feb

Bulgaria's Elhim Iskra beats Jan sales fcast, expects 1.6 mln euro in Feb Author: Elhim Iskra / All rights reserved.

SOFIA (Bulgaria), February 21 (SeeNews) - Bulgarian car battery manufacturer Elhim Iskra [BUL:52E] said on Friday it recorded a sales revenue of 3.2 million levs ($1.7 million/1.6 million euro) in January, above its forecast of 3.0 million levs, and posted a 33,000 levs loss for the month.

Elhim Iskra expects sales of 3.1 million levs in February, it said in a bourse filing.

The company posted sales of 3.75 million levs and a gross profit of 112,000 levs in January 2019, according to previously published data.

Elhim Iskra is part of local blue-chip diversified group Stara Planina Hold [BUL:5SR].

The Pazardzhik-based company exports over 90% of its output.

(1 euro = 1.95583 levs)

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