Bulgaria's Stara Planina Hold fcasts 6.3% drop in Jan-Oct sales

Stara Planina Hold booked sales of 173.4 million levs in the January-September period of 2019, down 4.90% year-on-year, and expects to generate a further 18.2 million levs in October, the group said in a bourse filing.

The holding company's consolidated gross profit amounted to some 16.9 million levs in the first nine months of 2019.

As at 13:30 CET on Tuesday, Stara Planina Hold shares traded 0.94% higher at 5.35 levs 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)