Its turnover climbed 1.35% on the year to RON136.52 million in January-September.

The company’s revenues amounted to RON139.14 million in the analyzed interval, up 1.33%, and costs increased marginally, to RON132.97 million.

Vrancart expects 6.2% higher revenues this year, of about RON198 million, and 13% higher gross profit, of RON7 million.

The company is controlled by regional investment fund SIF Crisana-Banat (SIF1.RO) (74.71%).

On the Bucharest stock market Thursday, Vrancart was trading up 2.35%, at RON0.0698 a share. Considering this price, the company’s market capitalization is RON60.28 million. (EUR1=RON4.4536)