Sparky Eltos Jsc Exported 98% of Production Last Year

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Sparky Eltos Jsc Exported 98% of Production Last Year

Sparky Eltos Jsc's revenues from core activity last year stood at 55.479 mln leva, which is 74% up from 2006.

Net non-consolidated profit amounted to 8.28 mln leva, or 361% above 2006 figures.

Exports accounted for 98.14% of the total sales last year, while those on the home market made for 1.86%.

The company's main markets continue to be France (76.3%) and Germany (11.9%), as well as USA (5%) and Ireland (4.4%).

Last year Sparky invested a total of 4.453 mln leva mainly in acquisition of new machines and equipment.

The company is a manufacturer of power tools. It has three subsidiaries – Prista Park, Sigma Plus and CPO Sparky.

Sparky Eltos was listed on BSE in am SPO in February when investors subscribed 25,316 shares at 45.70 leva. The SPO proceeds came to 1.2 mln leva.

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