January 24 (SeeNews) - Bulgarian diversified group Stara Planina Hold [BUL:SPH] said on Tuesday that its consolidated sales grew by 34.16% on the year in 2022, reaching 372.2 million levs ($206.8 million/190.3 million euro).
The company expects consolidated sales in January to be 25.76% higher than in the same month of last year, Stara Planina Hold said in a stock exchange filing.
In December alone, the group generated consolidated sales of 24.1 million levs.
Stara Planina Hold's results consolidate the sales of machine engineering companies M+S Hydraulic [BUL:MSH] and Hydraulic Elements and Systems [BUL:HES], cosmetics maker Bulgarian Rose [BUL:ROZA] and battery manufacturer Elhim Iskra [BUL:ELHM], all of which booked double-digit sales growth in 2022.
Shares in Stara Planina Hold closed at 9.65 levs on the Bulgarian Stock Exchange on Monday, up from 9.00 levs on Friday, latest trading data showed.
(1 euro = 1.95583 levs)