Hydraulic Elements and Systems AD (BUL:HES)

Revenue by Segment

Financials in millions BGN. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Metal Processors and Fabrication	82.00M	74.05M	85.91M	95.30M	70.76M
Metal Processors and Fabrication Growth	10.74%	-13.81%	-9.86%	34.67%	38.93%
Total	82.00M	74.05M	85.91M	95.30M	70.76M
Total Growth	10.74%	-13.81%	-9.86%	34.67%	38.93%

Revenue by Geography

Financials in millions BGN. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Austria	22.55M	20.48M	26.92M	28.80M	20.43M
Austria Growth	10.07%	-23.91%	-6.52%	41.00%	28.65%
France	11.59M	10.63M	15.42M	16.63M	13.04M
France Growth	9.00%	-31.05%	-7.32%	27.60%	59.10%
United States	5.07M	5.93M	5.83M	6.25M	5.42M
United States Growth	-14.50%	1.63%	-6.78%	15.39%	-5.64%
Slovenia	10.72M	8.67M	11.42M	12.32M	8.61M
Slovenia Growth	23.66%	-24.12%	-7.32%	43.19%	90.10%
Bulgaria	3.09M	4.04M	4.20M	5.22M	3.52M
Bulgaria Growth	-23.51%	-3.85%	-19.50%	48.20%	34.93%
Netherlands	15.88M	12.01M	10.66M	9.44M	5.24M
Netherlands Growth	32.22%	12.63%	12.92%	80.13%	102.82%
Germany	1.67M	3.03M	2.75M	2.79M	1.57M
Germany Growth	-44.97%	10.27%	-1.44%	77.52%	17.25%
Finland	5.03M	3.58M	3.41M	6.46M	3.87M
Finland Growth	40.37%	5.01%	-47.14%	66.72%	203.76%
Sweden	15.00K	29.00K	30.00K	-	14.00K
Sweden Growth	-48.28%	-3.33%	-	-	-
Estonia	342.00K	220.00K	227.00K	279.00K	58.00K
Estonia Growth	55.45%	-3.08%	-18.64%	381.03%	-
Italy	1.88M	1.79M	1.30M	820.00K	535.00K
Italy Growth	5.08%	38.01%	58.17%	53.27%	-
Czech Republic	241.00K	238.00K	366.00K	512.00K	395.00K
Czech Republic Growth	1.26%	-34.97%	-28.52%	29.62%	-
Poland	705.00K	531.00K	34.00K	11.00K	-
Poland Growth	32.77%	1461.76%	209.09%	-	-
Turkey	-	142.00K	450.00K	-	-
Turkey Growth	-	-68.44%	-	-	-
Romania	40.00K	19.00K	-	-	-
Romania Growth	110.53%	-	-	-	-
Spain	9.00K	-	-	-	-
Belgium	16.00K	-	-	-	-
Others	2.00K	1,000.00	9.00K	-	2.00K
Others Growth	100.00%	-88.89%	-	-	-99.71%
Ireland	-	-	-	-	13.00K
Ireland Growth	-	-	-	-	-98.93%
Russia	-	-	-	2.48M	6.12M
Russia Growth	-	-	-	-59.44%	9.26%
Total	78.84M	71.34M	83.03M	92.02M	68.83M
Total Growth	10.51%	-14.08%	-9.77%	33.69%	38.62%

Source: S&P Global Market Intelligence.