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Dec 18, 2017 18:21 EEST
SOFIA (Bulgaria), December 18 (SeeNews) – Bulgarian hydraulic equipment manufacturer M+S Hydraulic [BUL:5MH] said on Monday it expects its sales revenue to amount to 110.4 million levs ($66.6 million/56.4 million euro) in 2017.
This compares to sales revenue of 93.5 million levs in 2016, as previously reported by the company.
M+S Hydraulic’s sales revenue in the first eleven months of 2017 amounted to 103.6 million levs, the company said in a statement.
The company’s gross profit in January-November amounted to 16.6 million levs.
In November alone, M+S Hydraulic posted a non-consolidated gross profit of 1.4 million levs and sales of 11.0 million levs.
(1 euro=1.95583 levs)
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