Bulgaria's M+S Hydraulic eyes 53.4 mln euro in sales in 2020

M+S Hydraulic expects to book a further 8.1 million levs in sales in December, which would bring its total sales in 2020 to 102.4 million levs, the company said in a bourse filing.

The hydraulic equipment maker reported accumulated sales of 94.4 million levs in the January-November period and generated a preliminary gross profit of 14.5 million levs.

In the like period a year earlier, the company reported sales of 103 million levs, of which 7.9 million levs in November alone.

M+S Hydraulic is an affiliate of blue-chip diversified group Stara Planina Hold [BUL:5SR]. 

(1 euro = 1.95583 levs)