Holding Varna AD (BUL:HVAR)

Revenue by Segment

Financials in millions EUR. 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
Elimination	-693.13K	-827.86K	-504.63K	-583.25K	-755.29K
Hospitality and Entertainment Activities	31.28M	23.61M	24.69M	19.31M	15.80M
Project Design Services	541.71K	165.57K	79.76K	261.72K	264.38K
Media and Education	18.99M	17.98M	16.46M	15.49M	14.70M
Financial Services	2.01M	2.07M	1.32M	1.21M	918.42K
Real Estate	780.60K	694.58K	1.34M	1.25M	1.12M
Total	52.92M	43.70M	43.39M	36.95M	32.05M

Revenue by Geography

Financials in millions EUR. 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
Bulgaria	43.18M	35.68M	43.39M	37.07M	32.05M
European Market, EU	7.55M	6.77M	-	-	-
Non-EU Third Countries	2.19M	1.25M	-	-	-
Total	52.92M	43.70M	43.39M	37.07M	32.05M

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 29, 2026

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