4Q 2017 Consolidated Financial Notification of the company has submitted to the Financial Supervision Commission.

Financial Report
Explanatory Notes

Through the interim report:

4Q 2017 net sales revenue amounted to BG56.6 million, an increase of 28.47% YoY.

2H 2017 consolidated sales reached a record of BGN 110.2 million, 23.30% higher than the same period in 2016.

Sales in the last quarter and in the second half of 2017 are peak in the history of the Group. For the first time since 2011, the second half was stronger than the first in our cyclical business. This is due mostly to the significant increases in the main machine-building enterprises in the SPHold Group.

Annual consolidated net sales revenue, which amounted to BGN 217.9 million, with an annual growth rate of 16.24% and a 13.25% increase over the business plan, are the highest in the Group's history.

Consolidated annual net profit amounted to BGN 7836 thousand, 9.47% higher than in 2016.