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Bulgaria's M+S Hydraulic slightly exceeds Jan sales f'cast

Author Mario Tanev
Bulgaria's M+S Hydraulic slightly exceeds Jan sales f'cast Photo: M+S Hydraulic / All rights reserved.

SOFIA (Bulgaria), February 21 (SeeNews) - Bulgarian hydraulic equipment manufacturer M+S Hydraulic [BUL:5MH] said on Friday that it booked sales revenue of 9.24 million levs ($5.1 million/4.7 million euro) in the first month of this year, slightly exceeding its forecast for sales of 9.14 million levs in January.

M+S Hydraulic posted a preliminary gross profit of 1.56 million levs in January, the company said in a bourse filing.

Sales in February are projected at 9.49 million levs.

Last year, M+S Hydraulic booked sales of 10.25 million levs in January and 9.25 million levs in February.

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

(1 euro = 1.95583 levs)

 

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