Bulgartabac Holding AD operates in the Cigarettes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Bulgartabac Holding AD with three other
tobacco companies in Europe:
Tutunski Kombinat AD Prilep
of Macedonia
(2018
sales of 915.02 million Denar [US$16.37 million]
),
Slantse Stara Zagora Tabak AD
(9.89 million Bulgarian Lev [US$5.56 million]
), and
Badeco Adria dd Sarajevo
which is
based in Bosnia
(10.44 million Bosnian Convertible Marks [US$5.88 million]
).
Sales Analysis.
Bulgartabac Holding AD reported sales of 374.28 million Bulgarian Lev (US$210.62 million)
for the
year ending
December of 2018.
This
represents
a
sharp
decrease of 49.6%
versus 2017, when the company's sales were 743.23 million Bulgarian Lev.
Contributing to the drop in overall sales was the 98.5% decline
in Management of Subsidiaries, from 45.08 million Bulgarian Lev to 681,000.00 Bulgarian Lev.
There were also decreases in sales in
Production (down 75.7% to 116.36 million Bulgarian Lev)
.
However, these declines were partially offset by the increase in sales of
Trading (up 69.7% to 227.73 million Bulgarian Lev)
and
Other Segments (up 172.4% to 14.52 million Bulgarian Lev)
.