Trace Group Hold reported moderate 14% YoY growth in consolidated revenues up to BGN 27m in H1 2008. The 71% YoY increase in operating expenses however wiped all the operating profit and EBITDA stood at negative BGN 0.7m over the period. In H1 rising depreciation allowances on the significant investments in new machinery since the start of 2008 pressed additionally the bottom line ant the net loss came at BGN 3.1m compared to a profit of BGN 5.7m over H1 2007.