Bulgaria's M+S Hydraulic grows cons net profit, revenue in 2021

M+S Hydraulic's revenue went up to 153.8 million levs last year from 111.5 million levs in 2020, the company said in a bourse filing.

The company's expenses grew to 131.9 million levs from 94.2 million levs, mostly due to higher expenses for materials and salaries.

As at 14:50 CET on Thursday, shares in M+S Hydraulic traded down 4.92% at 8.70 levs on the Bulgarian Stock Exchange.

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

(1 euro = 1.95583 levs)