Sirma Group Holding

Sirma net income 2016 surges 45%

IT developer Sirma Group Holding (SKK BU) posts 22.4% y/y rise in sales for FY 2016, according the Company’s consolidated financial statements. Sirma net income surges 45% y/y to BGN 2.4m. The Company met EBITDA guidance with 31% y/y rise to BGN 12.7m. FY 2016 missed management guidance for a 25% y/y rise in sales… Read more

Monbat

Lead-acid batteries producer Monbat books 19% rise in sales and 14% in EBT for Jan’17

Leading lead-acid batteries producer in Bulgaria Monbat books 19% y/y rise in sales and 14% y/y rise in earnings before taxes in Jan’17, according to preliminary monthly data published by the Company. January 2017 sales came at BGN 25.1m, up 18.7% y/y as LME prices remain strong. Some margin erosion, however, was evident. EBITDA of… Read more

Ognyan Donev, CEO Sopharma

Sopharma acquires Moldavian distributor RAP Pharma

Leading pharma group in Bulgaria Sopharma receive a regulatory nod to acquire a Moldova pharma distributor, the Company announced in a statement to the stock exchange. Deal parameters to be known when the transaction is finalized. The Moldavian antitrust regulator approved Sopharma to acquire over 51% in RAP Pharma International. RAP Pharma operates retail chain… Read more

Stara Planina Hold

Strong January results from Stara Planina Hold

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

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Phone: +359 (2) 81 000 25
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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
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