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m+s hidravlik ad (5MH) Snapshot

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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 Announces Earnings Results for the Six Months Ended June 2014; Provides Sales Guidance for the Seven Months Ended July 2014

M+S Hydraulic announced earnings results for the six months ended June 2014. For the six months, the company's pre-tax profit amounted to BGN 8.5 million as sales increased 7.36% to some BGN 48.5 million. The company provided sales guidance for the seven months ended July 2014. For the seven months period, the sales of the company are expected to increase by 7.1% over the same period a year ago.

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.

 

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