October 21 (SeeNews) - Bulgarian industrial group Stara Planina Hold [BUL:5SR] said on Friday it expects its January-October consolidated sales to increase by an annual 5.81% to 158.15 million levs ($88.01 million/80.89 million euro).
The group said in a bourse filing it expects sales in October alone to total 15.28 million levs.
In the first nine months of 2016, the group's consolidated sales rose 6.41% year-on-year, reaching 142.87 million levs, missing its 6.59% growth target. Sales revenue in September amounted to 15.26 million levs.
Stara Planina's investment portfolio includes companies from the machine building, electrical engineering, perfumery and cosmetics, and textile industries.
Stara Planina shares closed 0.02% lower at 4.999 levs per share on Friday.
(1 euro=1.95583 levs)