19.12.2025

The Board of Directors of Stara Planina Hold Plc announces an address to the shareholders and investors of the holding and the companies in the Group informing on its anticipations for 2026. With the forecast revenues for the second half of 2025, we expect to report a growth of over 10% compared to the same period of the previous year and a decrease of approximately 18 % compared to the second half of 2023. On an annual basis, we expect the consolidated sales revenues of Stara Planina Hold Plc to reach BGN 278 million (€141.12 million), which would represent an increase of over 4 % compared to the previous year.

Inconclusive data indicate that the investments of our enterprises have reached BGN 33.8 million, intended mainly for ongoing technological renewal, introduction of highly profitable products and production processes, innovations for green and digital transition, increasing labor productivity and sustainable development. Despite the ongoing significant global uncertainty, at this stage the companies within the group of Stara Planina Hold Plc plan to make investments in 2026 as well, albeit on a smaller scale, which will again be directed towards modernization and technological renewal, the green and digital transition, and sustainable development.

Labor productivity this year increased by 7.5 %, with an average annual increase in wages of 8.2 %. In 2026, we predict a decrease in the number of employed persons by about 6 %, while we expect an increase in labor productivity by over 4%, with an increase in the average monthly wage by about 9 %.

The forecasts of our partners in the country, Europe and the world remain uncertain, which does not give us reason to predict results with higher values ​​for the next financial year. In the current conditions, the Board of Directors of Stara Planina Hold Plc expects that in 2026 sales revenues in the group will be close to the levels reported in 2025. The factors that will continue to influence the activities of the companies in the group in the coming year are the market prices of raw materials and production materials, the transport of supplies, the regional market price of the workforce, the prices of energy resources and the security of their supplies. The unstable political situation, financial policy, the macroeconomic development of the country, as well as geopolitical factors are emerging as the most worrying circumstances that will affect the business. Along with the threat to European and regional stability, the geopolitical situation puts the supplies of energy resources and the opportunities for sustainable growth of the economy at additional risk.

In 2026 again we will be led by the purpose of achieving high level of quality, productivity and profitability of our business operations. Sustainable achievement of good financial results with the expected sales volumes will continue being the main task for ensuring the shareholders’ investments and their profitability.

Our success will continue being shared with all those involved in its achievement.

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