Stara Planina Hold announces current financial results (on consolidated basis) and the financial results of the most significant enterprises in Holding’s portfolio on September 2020 and projected sales for October 2020. Letter.
Consolidated sales for the first nine months of 2020 show a decrease of 16.3% compared to sales from the beginning of 2019.
We anticipate that the decline in sales will continue and for the first ten months of 2020 they will be 14.0% lower compared to the same period in 2019.
More information on the expected results and forecasts for the end of 2020 will be published next week in the interim report.