Cosmetics maker Bulgarian Rose f'casts sharp drop in 2020 sales

Bulgarian Rose generated sales of 6.30 million levs in 2019, according to previously reported data.

The company booked sales of 2.88 million levs and a preliminary loss of 82,000 levs in the first eleven months of 2020, Bulgarian Rose said in a stock exchange filing.

Karlovo-based Bulgarian Rose, established in 1948, manufactures cosmetic products for face, body, and hair using rose oil and locally-grown herbs. Bulgarian Rose is part of blue-chip industrial group Stara Planina Hold [BUL:5SR].

(1 euro = 1.95583 levs)