May 22 (SeeNews) - Cosmetics producer Bulgarian Rose [BUL:4BH] said on Wednesday that it pocketed sales of 541,000 levs ($309,000/277,000 euro) in April, exceeding its forecast for 512,000 levs in monthly revenue.
The company's accumulated sales in the first four months of the year amounted to 1.37 million levs, Bulgarian Rose said in a bourse filing.
Sales in May are projected at 300,000 levs.
Bulgarian Rose generated revenue of 1.30 million levs in the January-April period of 2018, and a further 413,000 levs in May.
Karlovo-based Bulgarian Rose, established in 1948, manufactures cosmetic products for face, body, and hair using rose oil and locally-grown herbs.
Bulgarian Rose, part of blue-chip industrial group Stara Planina Hold [BUL:5SR], has stores in nine cities across Bulgaria.
(1 euro = 1.95583 levs)