Elhim Iskra’s Feb’25 sales were down 20.5% YoY; management projects 8.9% YoY decline in Mar’25 revenue (NEGATIVE)
21.03.2025
Source: Elhim Iskra; FFBH
Elhim Iskra’s Feb’25 sales amounted to BGN 2.7m, down 20.5% YoY, in line with management’s expectations. Pre-tax loss for the month amounted to BGN 204k, compared to BGN 194k loss a year earlier. 2-mo 2025 sales reached BGN 5.4m (-22.7% YoY), while pre-tax result came to BGN 402k loss, compared to BGN 581k loss a year earlier. Management forecasts revenue to decrease 8.9% YoY in March 2025 to BGN 3.1m, which would result in 3-month sales of BGN 8.4m (-18.2% YoY).