Elhim Iskra July’17 sales down 14.4% YoY, the EBT down 89.7% YoY; the Aug’17 revenue foreseen to fall 12.8% YoY (NEGATIVE)

The July’17 sales of Elhim Iskra came to BGN 2.5m, down by 14.4% YoY (-20.2% MoM) and 11.6% higher than the management’s forecast for the month. The preliminary monthly EBT for the month fell 89.7% YoY to BGN 18k. The August’17 sales are expected to fall by 12.8% YoY to BGN 2.2m, which would bring the Jan-Aug’17 revenue to BGN 22.6m, up by 0.9% YoY.