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Nov 01, 2017 15:07 EEST
November 1 (SeeNews) - Bulgarian express delivery company Speedy [BUL:0SP] said on Wednesday it has invested over 8 million levs ($4.8 million/4.1 million euro) in its operations at home and in neighbouring Romania in the first nine months of 2017.
Speedy has invested over 5 million levs in new vehicles for its Bulgarian operations and 3 million levs in equipment for its logistics centres in Romania, it said in a statement.
The company’s total investments in the January-September period amounted to 10.5 million levs.
On Tuesday, Speedy said its consolidated net profit rose to 5.6 million levs in the first nine months of 2017 from 3.9 million levs in the prior-year period. Operating revenue rose to 115.9 million levs in January-September, from 103.5 million levs, while operating expenses increased to 109.6 million levs from 99.0 million levs.
Speedy shares last traded on Monday, when they closed 0.95% lower at 41.601 levs.
(1 euro = 1.95583 levs)
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