The company’s sales rose 13.6%, from RON121.4 million to RON137.96 million, according to its quarterly report sent to the Bucharest Stock Exchange Friday.
Revenues increased 7.2%, to RON142.12 million, and spending increased 6.4%, to RON129.32 million.
Compa Sibiu expects sales to reach RON520 million this year, up 9.3% from 2011, and a 5.4% rise in profit, to RON18.3 million.
The company has a share capital of RON21.8 million, 54.6% owned by an association of its employees.
Compa shares opened Thursday at RON0.416 per share, bringing its market value at RON91.02 million (EUR20.5 million).