Bulgaria's M+S Hydraulic expects 33% y/y drop in Jan-Feb sales

In January, M+S Hydraulic booked a preliminary gross profit of some 2.14 million levs on sales of 14.1 million levs, the company said in a bourse filing.

The company previously posted sales of some 41.5 million levs in the January-February period of 2023.

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

Shares in M+S Hydraulic last traded on Monday when they closed at 10.90 levs on the Bulgarian Stock Exchange, bourse data show.

(1 euro = 1.95583 levs)