November 24 (SeeNews) - Bulgarian diversified group Stara Planina Hold [BUL:5SR] said on Tuesday that it expects its consolidated sales to fall by an annual 12.07% to 183.8 million levs ($111.7 million/94 million euro) in the first eleven months of 2020.
Stara Planina Hold lowered its sales in the first ten months of the year by 13.79% to 165.5 million levs, the group said in a bourse filing.
The holding company's consolidated gross profit amounted to some 17.5 million levs in the January-October period of 2020.
Stara Planina Hold's investment portfolio includes companies from the sectors of machine building, electrical engineering and perfumery and cosmetics.
(1 euro = 1.95583 levs)