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EX-Date
05/29/14
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m+s hidravlik ad (5MH) Details

M+S Hydraulic AD manufactures and sells hydraulic motors, steering units, valves, brakes, and accessories worldwide. It offers various hydraulic motors, hydraulic disc brakes, valves for hydraulic motors, hydrostatic steering units, and accessories for steering units. The company’s hydraulic motors are used in various applications, such as conveyors, textile machines, mining machinery, machine tools, ventilators, construction plant equipment and access platforms, feeding mechanism of robots and manipulators, metal working machines, agriculture machines, grass cutting machinery, food industries, road building machines, special vehicles, plastic and rubber machinery, etc. Its hydraulic brakes are used in heavy duty machinery, wheel drives, material handling, mining agriculture, conveyors, door openers, and swing drives; and steering units, steering columns, and UVM torque amplifiers are used in agriculture and wood working machinery, road rollers and cleaning machines, fork-lift trucks, and construction machinery. The company was founded in 1963 and is based in Kazanlak, Bulgaria.

Founded in 1963

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m+s hidravlik ad (5MH) Key Developments

M+S Hydraulic Provides Sales Guidance for the Period from January to June 2014 ; Reports Earnings Results for the Period Ended May 2014

The sales of Stara Planina Hold's subsidiary M+S Hydraulic expected to increase by 6.9%, respectively, over the year for the period from January to June 2014. The company's pre-tax profit amounted to BGN 7.1 million in January-May as sales increased 9.27% on the year to some BGN 41 million.

M+S Hydraulic AD Reports Earnings Results for the Year to Date Ended April 2014

M+S Hydraulic AD reported earnings results for the year to date ended April 2014. For the year to date, the company reported a pre-tax profit of BGN 5.5 million as sales increased 9.6% over the year.

M+S Hydraulic PLC, Annual General Meeting, May 16, 2014

M+S Hydraulic PLC, Annual General Meeting, May 16, 2014., at 13:30 E. Europe Standard Time. Location: 68 Kozloduy St.. Agenda: To approve the report of the management bodies on the company's activity in 2013; to approve adoption of the 2013 annual financial statement of the company; to approve report of the Chartered Accountant on the 2013 audit; to approve report of the Investor Relations Director; to approve election of a Chartered Accountant; to approve election of an Audit Committee; to approve report of the Audit Committee; to approve exemption from liability of the members of the management bodies for their activity in 2013; and to approve changes within the managing bodies of the company.

 

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