Stara Planina consolidated August’16 revenue up by 14.1% YoY; September sales expected to add 6.4% YoY (POSITIVE)

The preliminary consolidated August’16 sales of Stara Planina Hold increased by 14.1% YoY (-20.6% MoM) to BGN 13.2m which stood 4.8% higher than the management’s guidance for the month. September cons revenue is expected to increase by 6.4% YoY to BGN 15.5m (+17.1% MoM), thus bringing the 9-mo’16 sales to BGN 143.1m, up by 6.7% YoY.