The First half of 2017 Financial Report of the company has submitted to the Financial Supervision Commission.

Financial Report
Explanatory Notes

Through the interim report:

The first half of 2017 showed higher than projected results. Preliminary aggregated data suggests that consolidated sales for 1H2017 will be 9.5% higher than sales in the same period in 2016 and 6.77% above the business plan.

We expect net sales revenue for the first half to exceed BGN 107 million. This is the strongest half in the 20-year history of the holding.

In the second half of the year we expect consolidated sales to be above BGN 106 million, 19% more than the H2-2016 and 13.9% over the business plan.

We expect sales for FY 2017 to reach over BGN 213 million a growth of 14% compared to FY 2016 sales.

The net profit for the first half of 2017 also increased by 11.73% to BGN 5,868 thousand.

Consolidated half-year sales incl. updated forecast for 2017 (BGN million)