26.10.2016

The Third quarter of 2016 Financial Report of the company has submitted to the Financial Supervision Commission.

Documents:
Financial Report
Explanatory Notes

Through the interim report:

Preliminary data show that the results for the third quarter of 2016 are higher than the published expectations as consolidated sales for the first nine months of 2016 will be 6.4% higher than the sales in the same period of 2015. 

Traditionally we expect weaker fourth quarter. If we achieve projected sales of 40.5 million BGN, we will send 2016 with total net income of about 181.5 million, which will reach an annual growth of 3.2%. 

At the same time we expect double-digit growth in annual financial result of the Group.

Consolidated quarter sales incl. updated forecast for 2016 (BGN million)