Following the strong FY2020, TBS Group financial results in Q121 did not disappoint either. Although top line growth slowed down, profits improved considerably with margins among the highest ever.
The leading Bulgarian system integrator, Telelink Business Services Group (TBS) expects to double both top and bottom line by 2025 with respective 27% and 16% y/y growth in 2021 alone, according to the Company’s 2021-2025 financial outlook and strategic development, presented by the group’s CEO Ivan Zhitiyanov on a digital event held on March 23rd, 2021.
Telelink Business Services Group (TBS) reported another strong performance across all geographical markets, as its total consolidated revenue reached a historical high at BGN 135.5m, up 23% y/y – Q4 2020 report was published on the Bulgarian Stock Exchange.
Telelink’s (TBS Group – TBS BU) top line growth pace slows down, bottom line outperforms in 9M’20. Telelink Business Services Group’s (TBS Group), the leading system integrated in Bulgaria, strong financial performance persisted over the 9M’2020.
Agria Group Holding (A72 BU) is a vertically integrated holding with a closed production cycle in grain production, processing and trading. The holding is among the largest farming groups, grain traders and land owners in Bulgaria.
Following the successful first tranche of the share offering of Telelink Business Services Group AD (TBS Group), the preliminarily announced second tranche is scheduled to start next week. The company’s three largest shareholders will offer a new lot of up to 875,000 shares or 7% of the share capital between Monday, September 21st and Friday, September 25th, 2020.