March 23 (SeeNews) - Bulgarian hydraulic equipment manufacturer M+S Hydraulic [BUL:5MH] said on Monday that it booked sales revenue of 9.58 million levs ($5.1 million/4.7 million euro) in the second month of this year, slightly exceeding its forecast for monthly sales of 9.49 million levs.
M+S Hydraulic booked sales of 18.8 million levs in the first two months of the year and expects to generate a further 9.4 million levs in March, it said in a bourse filing.
The company generated sales of 29.6 million levs in the first quarter of last year.
M+S Hydraulic's preliminary gross profit amounted to 3.08 million levs in the January-February period of 2020.
M+S Hydraulic is an affiliate of blue-chip diversified group Stara Planina Hold [BUL:5SR].
(1 euro = 1.95583 levs)