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Bulgaria's Elhim Iskra eyes 5.1 mln euro in Q1 sales, flat y/y

Bulgaria's Elhim Iskra eyes 5.1 mln euro in Q1 sales, flat y/y Author: Elhim Iskra / All rights reserved.

SOFIA (Bulgaria), February 4 (SeeNews) - Bulgarian car battery manufacturer Elhim Iskra [BUL:52E] said that it expects to book sales revenue of around 10 million levs ($5.9 million/5.1 million euro) in the first quarter of 2019, unchanged year-on-year.

Elhim Iskra missed its forecast for an 8% increase in 2018 revenue, after it ended the year with a 6.3% rise to 36.9 million levs, the company said in a financial statement last week.

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

The company exports over 90% of its output.

(1 euro = 1.95583 levs)

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