Bulgaria's Stara Planina Hold fcasts 5.16% drop in Jan-Sept sales

Stara Planina Hold booked sales of 155.5 million levs in the January-August period of 2019, down 5.19% year-on-year, and expects to generate a further 17.5 million levs in September, the group said in a bourse filing.

The holding company's consolidated gross profit amounted to some 14.7 million levs in the first eight months of 2019.

As at 14:30 CET on Friday, Stara Planina Hold shares traded at 5.20 levs, unchanged from their previous closing price on the Bulgarian Stock Exchange.

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)