Bulgaria's M+S Hydraulic 11-mo sales slightly above f'cast

In November alone, sales came in at 21.6 million levs, slightly over M+S Hydraulic’s projections of 21.1 million levs, the company said in a bourse filing.

Preliminary gross profit amounted to some 36 million levs for the first eleven months of 2022, including 3.02 million levs in November.

Next month, M+S Hydraulic expects revenue to come in at 14.98 million levs, which would bring to 217 million levs the projected sales for the full 2022.

As of 1548 CET, shares in the company traded flat at 9.00 levs on the Bulgarian Stock Exchange.

M+S Hydraulic is an affiliate of blue-chip diversified group Stara Planina Hold [BUL:SPH].