28.08.2025

Stara Planina Hold Plc announced a Consolidated Financial Report for the first half of 2025.

The consolidated net sales revenues for the first half of 2025 are in the amount of BGN 141 738 thousand and report a decrease by 0.59 % compared to the sales in the same period of 2024 and by 33.02% compared to the sales reported in the first half of 2023.

In the context of the ongoing economic, trade and geopolitical uncertainty, we expect the consolidated revenues for the third quarter of 2025 to reach BGN 67.3 million, which would represent a growth by approximately 10 % compared to the same period of the previous year and a decrease by approximately 27 % compared to the third quarter of 2023. With the estimated revenues for the second half of 2025, we expect a growth by approximately 12 % compared to the same period of the previous year and a decrease by approximately 17 % compared to the second half of 2023. At this stage, we confirm our forecasts 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 280.1 million.

This forecast reflects the expected decrease in consolidated sales revenues of Stara Planina Hold Plc by the end of 2025 as a result of the sale of the shareholding in the capital of Boryana Jsc. as in the basis of the previous comparative financial periods, the revenues of Boryana AD have not been eliminated.

The Group's total consolidated profit after tax for the first half of 2025 is in the amount of BGN 7.13 million which is an increase by 1.63 % compared to the reported consolidated profit for the same period of the previous year and a decrease by 73.26 % compared to the profit for the first half of 2023.

CONSOLIDATED HALF-YEAR SALES incl. updated forecast for 2024 ( BGN million)