Hydraulic Elements and Systems Announces Sales Results for the Month and Year Ended December 2019; Provides Sales Guidance for the Month of January and Full Year of 2020
For the month of December, the company reported sales of BGN 3.25 million.
In 2020, the company expects its net sales to fall by an annual 12% to some BGN 54 million.
Sales in January 2020 are projected at BGN 5.4 million, sharply down from the company's previously reported sales of BGN 6.6 million in January 2019.