29.07.2025
Stara Planina Hold Plc announced a Financial Report for the first half of 2025.
Preliminary aggregated data indicate that the consolidated sales for the first half of 2025 will be approximately equal to the sales in the same period of 2024 and about 32 % below the sales reported in the first half of 2023. Our adjusted expectations are that net sales revenues for the first half of the year will reach BGN 142.5 million.
Against the backdrop of ongoing economic and geopolitical uncertainty, we are adjusting our expectations and project consolidated revenues for the third quarter of 2024 to reach BGN 67.9 million, which would represent growth of about 11% compared to the same period of the previous year and a decrease of nearly 26 % compared to the third quarter of 2023. With the estimated revenues for the second half of 2025, we expect growth by over 14% compared to the same period of the previous year and a decrease of approximately 15 % compared to the second half of 2023. At this stage, we confirm our predictions that the trend for higher sales levels will continue in the coming quarters until the end of the year, as we expect sales in 2025 to reach BGN 283.5 million.
The net profit of Stara Planina Hold Plc for the first half of 2025 is in the amount of BGN 4 452 thousand which is a 25.90 % decrease compared to the reported net profit for the same period of the previous year.
Documents:
Activity Report
Financial Report
Explanatory Notes
Declarations
Inside information under the Market Abuse Regulation
CONSOLIDATED HALF-YEAR SALES incl. updated forecast for 2022 ( BGN million)