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Data delayed at least 60 minutes as 2024-05-17
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Batteries

Monbat Group provides a wide range of battery products and solutions for a variety of end-market applications

Automotive
Automotive
Agriculture
Agriculture
Public Transportation
Public Transportation
Marine
Marine
Defence
Defence
Industrial
Industrial
Aerospace
Aerospace
Telecommunications
Telecommunications
Renewable sources
Renewable sources

LEAD ACID BATTERIES

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The lead acid battery business focuses on the production of lead-acid automotive and stationary batteries and their servicing. The products in this segment can be divided into the following main groups:

  • starter batteries
  • stationary batteries
  • deep cycle batteries
  • special batteries
  • locomotives batteries
  • leisure batteries

RECYCLING

RECYCLING contacts

The division operates in recycling and trading activities of

  • lead acid scrap batteries
  • lead alloys
  • polyethylene and polypropylene materials

Recycling facilities are located in Bulgaria as well as in Italy, Romania and Serbia.

LITHIUM ION SOLUTIONS

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The lithium-Ion business segment operates under the EAS brand and provides cells and systems based on safe and proven LFP chemistry. The adopted cylindrical cells technology and the modular-based packing approach of the battery and systems allows EAS to maintain its attractive product range of High Power (HP) batteries for selected industries such as:

  • public transport
  • commercial fleet
  • construction machines
  • marine
  • harbour
  • and airport operations
EUR 1 = BGN 1.9558

Five Years Business Plan

Monbat Group aims to increase EBITDA in 5 years horizon reaching 45.524 m EUR from the existing business operations. This envisaged extensive growth will be driven by two concurrent paths, namely:

2024-2028 Five Years growth pace

CORE BUSINESS – ORGANIC GROWTHMeasure2022 Actual2023 Actual2024 B2025 B2026 B2027 B2028 B
Volumes
Batteries sold – MonbatPcs2,649,0402,747,0823,039,6433,300,0613,514,8363,717,6203,934,876
Batteries sold – NourPcs222,000353,941442,045543,733663,395800,441948,546
Batteries sold, pieces – Total GroupPcs2,871,0403,101,0233,481,6883,843,7944,178,2314,518,0614,883,422
Volume Pieces Growth (batteries only)%-8.0%12.3%10.4%8.7%8.1%8.1%
Lead & Lead Alloys – Intercompany ProductionMT39,95637,03340,35244,22444,32244,43744,571
Lead & Lead Alloys – Third Party ProductionMT3,5915,6487,65410,24710,24710,24710,247
Lead & Lead Alloys – High Antimony and Tin Alloys – Third Party SalesMT9461,16768686868
Consolidated Revenue from Continuing OperationsEUR ‘000195,978198,333215,918235,157254,713274,951295,843
Consolidated Gross Profit from Continuing Operations (without depreciation expense)EUR ‘00041,46644,91750,73958,28765,18071,04776,879
Consolidated Gross Profit from Continuing Operations%21.2%22.6%23.5%24.8%25.6%25.8%26.0%
Consolidated EBITDA from Continuing OperationsEUR ‘00017,86720,38724,11430,15936,05340,82545,524
Adjustments for impairment of financial assetsEUR (000)246
Consolidated Adjusted EBITDA from Continuing OperationsEUR (000)18,11320,38724,11430,15936,05340,82545,524
Consolidated Adjusted EBITDA from Continuing Operations%9.2%10.3%11.2%12.8%14.2%14.8%15.4%
Adjusted EBITDA from Continuing Operations – Organic growth rate%14%18%25%20%13%12%

Performance Drivers

The core business budget is built on the following drivers, namely: