March 23 (SeeNews) - Bulgarian diversified group Stara Planina Hold [BUL:SPH] said on Tuesday that it expects its consolidated sales to rise by an annual 12.78% to 63.5 million levs ($38.5 million/32.5 million euro) in the first quarter of 2021.
Stara Planina Hold's sales increased by 10.71% to 42.1 million levs in the first two months of the year, the company said in a stock exchange filing.
The holding company's consolidated preliminary gross profit amounted to some 5.2 million levs in the first two months of 2021.
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)