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1H 2018 Consolidated Financial Report

27.08.2018

1H 2018 Consolidated Financial Report of the company has submitted to the Financial Supervision Commission.

Documents:
Financial Report
Explanatory Notes

Through the interim report:

The consolidated profit of the Group for the first half of 2018 reached BGN 13.901 million compared to BGN 12.136 million for the first half of 2017 which represents a growth of 14.54%.

The first half of 2018 showed higher than projected results. They are comparable to published expectations. 1H 2018 consolidated sales are 17.13% higher than 1H 2017 and 10,79% above the business plan.

2Q 2018 net sales reached BGN 63.2 million. This, as well as the 1H 2018, are historic records for Stara Planina Hold Group.

We expect the Y2018 sales to exceed BGN 237 million, which will achieve a growth of 8.6% compared to Y2017.

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Consolidated Sales (BGN'm)

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Stara Planina Hold AD published this content on 27 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 August 2018 13:56:06 UTC