New Earnings report: Industrial Holding Bulgaria managed to improve in 2014 despite challenging environment

Industrial Holding Bulgaria (4ID BU)

19 March 2015

News

Industrial Holding Bulgaria

Our conservative expectations for 2014 Q4 earnings of Industrial Holding Bulgaria (4ID BU) were exceeded, say ELANA Trading analysts in their 2014 Corporate earnings report of the holding company.

The shipping sector was under pressure from the Baltic Dry Index low but Industrial Holding Bulgaria managed to improve despite the challenging environment. The sale of assets (one of the smallest ships) improved company performance in Q4 2014. Nevertheless, increase of profitability can be attributed to the lower operating costs.

Read Industrial Holding Bulgaria earnings report

ELANA Trading has a 29 years of history on financial markets, offering a wide range of services and markets. ELANA Trading quality service has been recognized by 24 industry awards. The broker is part of the international brokers’ network of US Auerbach Grayson & Co. since 1998 and maintains long-term partnerships with a lot of international financial institutions.

ELANA Trading is part of ELANA group - one of the largest groups in the non-banking financial sector in Bulgaria.

Contacts

Dimitar Georgiev
Head of Trading
Phone: +359 (2) 81 000 25
Email: georgievd@elana.net

Tatyana Puncheva-Vasileva
Head of Research
Phone: +359 (2) 81 000 24
Email: vasileva@elana.net

Contacts

Sopharma Business Towers,
Tower B, Floors 12-13,
5, Lachezar Stanchev St,
1797 Sofia, Bulgaria

Phone: +359 (2) 81 000 25
Phone: +359 (2) 81 000 26
Email: bgtrader@elana.net

Disclaimer: This website represents ELANA Trading with the sole purpose to provide information. The data published on the website is not provided to be used as a background for specific investment decisions. No publication of ELANA Trading should be construed as an offer (or solicitation of an offer) to U.S. persons to buy or sell financial instruments or any financial product, make any investment or participate in any particular trading strategy (collectively “Offers”). No Publication of ELANA Trading should be construed as an Offer (or solicitation of an offer) in any jurisdiction in which such Offer would be illegal. Any such perceived Offer will not be honoured by ELANA Trading.