Sopharma Trading’s sales grew 3.3% YoY in Nov’21; monthly EBT dropped 84.7% YoY (NEGATIVE)

23.12.2021 Source: Sopharma Trading; FFBH

Sopharma Trading’s unconsolidated sales grew 3.3% YoY in November and amounted to BGN 86.9m, while YTD sales reached BGN 874.9m (+9.4% YoY). Monthly pre-tax earnings dropped 84.7% YoY to BGN 375k, and the respective margin deteriorated to 0.4% from 2.9% a year ago. 11-mo EBT added 1.6% YoY to BGN 23m, while EBT margin fell to 2.6% (-0.2 p.p. YoY).