September 20 (SeeNews) - Bulgarian hydraulic equipment manufacturer M+S Hydraulic [BUL:5MH] said on Friday that it booked sales of 7.47 million levs ($4.22 million/3.82 million euro) in August, in line with its forecast for sales of 7.46 million levs during the month.
The company expects to generate a further 9.11 million levs in sales in September, M+S Hydraulic said in a bourse filing.
M+S Hydraulic pocketed sales of 9.31 million levs in both August and September 2018, according to data reported previously by the company.
M+S Hydraulic's reported accumulated sales of 76.35 million levs in the January-August period of 2019, and a preliminary gross profit of 10.46 million levs. In the first eight months of 2018, the company announced sales of 85.76 million levs and a preliminary gross profit of 14.25 million levs.
M+S Hydraulic said at the end of 2018 that it expects its revenue in 2019 to be around 124 million levs, same as in 2018.
M+S Hydraulic is an affiliate of blue-chip diversified group Stara Planina Hold [BUL:5SR].
(1 euro = 1.95583 levs)