In a letter to shareholders, the Board of Directors (BoD) of Stara Planina Hold Plc announced that it anticipates 39% y/y expansion in consolidated sales to BGN 277.7 m in FY21, which will continue in FY22 reaching BGN 307m (up 10.6% y/y).
Industrial company Stara Planina Hold’s (5SR BU) management proposes dividend payouts for subsidiaries within the group from 2016 profits, according to a regulatory filing with the stock exchange. This is 20th consequent dividend payout for shareholders of Stara Planina Hold, M+S Hydravlic, Hydraulic Elements & Systems PLC since 1997 till now. With Elhim Iskra dividend… Read more
Bulgarian Stock Exchange blue-chips index SOFIX reaches 8.4 year high closing at 624.91 on March 10, 2017. This is 2.4 times above the February 2009 low for the period and 1.25x above the low at the end of October 2008. The index has still way to go to reach its all-time high of 1934.45 points… Read more
Stara Planina Hold posted strong January 2017 group results, the Company announced in a statement to the stock exchange. Consolidated revenues are up 8.3% y/y to BGN 16.8m on strong sales performance for three of its major subsidiaries all of which post double digit growth. Stara Planina Hold subsidiaries with income growth over 10% M+S… Read more
Stara Planina Hold and its subsidiaries post 6.2% y/y top line expansion for the 10M16, the Company announced in a statement to the Bulgarian Stock Exchange. Overall, consolidated revenues of the group reached BGN 158m at the end of October 2016 and are expected to add up to BGN 174.1m by the end of Novermber,… Read more
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