Stara Planina’s Dec’22 sales increase 10.1% YoY; expectations for Jan’22 are for 25.8% YoY increase (POSITIVE)

25.01.2023 Source: Stara Planina; FFBH

Stara Planina Hold reported December revenue of BGN 24.1m (+10.1% YoY), 1.9% ahead of the management expectations. 2022 total sales stood at BGN 372.2m (+34.1% YoY), compared to BGN 277.1m a year ago. January 2023 forecast is for 25.8% YoY increase in monthly revenue to BGN 33.3m.