M+S Hydraulic’s Oct’17 sales up 33.6% YoY, the EBT up 67.6% YoY; the Nov’17 revenue expected to grow by 32.2% YoY (POSITIVE)

The Oct’17 sales of M+S Hydraulics came to BGN 11.0m, up by 33.6% YoY (13.5% MoM) and 7.6% above the management’s projections for the month. The preliminary monthly EBT surged 67.6% YoY to BGN 2.2m, while the EBT margin jumped to 19.7% from 15.7% in Oct’16. The Nov’17 sales are expected to increase by 32.2% YoY to BGN 9.9m, which would bring the 11-mo’17 revenue to BGN 102.5m, up by 16.8% YoY.