News - Page 25 of 35 - ELANA BG Trader

Speedy posts 17% y/y rise of the top line 9M16

1 November 2016

Leading Bulgarian courier Speedy delivers 17.2% y/y rise in the top line in 9M16 but the bottom line misses guidance. The company published its 9M16 consolidated financial results. Revenues reached BGN 104m or 17.2% y/y rise for the 9M16 with good performance both in Bulgaria and Romania. Domestic market growth stood at 13.5% y/y, above… Read more

Monbat posts best earnings in 7 years

26 October 2016

The lead acid batteries producer Monbat booked best 9M earnings in seven years. Preliminary earnings announcement by the company reveal 9M16 EBITDA up 8.7% y/y to BGN 33m and earnings before taxes up 7.6% to BGN 21.6m. 9M16 sales reverse the negative trend and are up 1.4% y/y to BGN 179.4m. All data the best… Read more

ELANA Agrocredit collects 91% of 2016 receivables due by end of September

21 October 2016

The land leasing company ELANA Agrocredit collected 91% of the annual lease payments due in 2016 by the end of September, the Company announced in its regular monthly bulletin. It provides loans to farmers for arable land acquisition with the land as a collateral. Payments are structured according to the agricultural year a.k.a all annual… Read more

Allterco raises BGN 2.2m in a successful IPO in Sofia

20 October 2016

Mobile value added service provider Allterco raises BGN 2.2m in a successful IPO in Sofia, the company and its broker announced on 20th October. Demand for the company’s stock surpassed supply by.166x. All submitted 240 orders were for 2.5 million shares when the company offered 1.5 million new shares in total with a minimum success… Read more

Subscription for IPO of telecom and mobile services provider Allterco ends 19 October

17 October 2016

Bulgarian telecom and mobile services provider Allterco launched an IPO on the Bulgarian Stock Exchange in the end of September, offering 1.5 million new shares at a price range of BGN 1.10 – 2.20 per share. The capital to be attracted is to fund the further IoT expansion of the company. Subscription ends October 19th,… Read more

SOFIX books best daily performance in three years

29 September 2016

The leading Bulgarian market benchmark SOFIX added 3.38% on Wednesday, 28th September, which was the best daily performance in three years.

ELANA Trading is one of the market makers to the first SOFIX ETF

26 September 2016

First SOFIX ETF starts trading September 27th 2016. Expat Bulgaria SOFIX UCITS ETF begins trading with BGN 100k net assets It will trade with a BGX ticker on the Bulgarian Stock Exchange. The fund will apply full replication to minimize tracking error, however, fees and commissions to add up to 2.5% of the fund’s annual… Read more

ELANA Agrocredit strikes a new EUR 5m credit line with EBRD

20 September 2016

ELANA Agrocredit strikes a new EUR 5m credit line from EBRD to finance its leasing operations, the Company announced in a statement to the stock exchange. The loan is to be used in two EUR 2.5m tranches both bearing Euribor +2.75% interest. The line matures in 8 years. Partnering with EBRD This is the second… Read more

Monbat returns to higher margins in H1 2016

14 September 2016

With lead prices back to normal fluctuations, Monbat returns to higher operating profitability with EBITDA margin above 18% for two consecutive quarters.

Agria Group Holding finalizes deal with Kehlibar

13 September 2016

Agria Group Holding finalizes the acquisition of oilseed processor and sunflower oil producer Kehlibar, the company announced in a filing with the stock exchange.