Business Plan Approval by the Board of Directors meeting in January
Financial
Financial
We would hereby like to inform that at its meeting held on 15.01.2013 the Board of Directors of Monbat Plc approved a Business plan for the development of the companies, included in the economic group of Monbat Plc for 2013. The Business plan also contains a Forecasts for net sales revenues, net profit and EBITDA on consolidated basis, as follows:
| Net Sales Revenues 2013 | Net Profit 2013 | EBTIDA 2013 |
| BGN 283 331 000 | BGN 33 773 000 | BGN 44 761 000 |
The 2013 Forecast is based on the expected average lead price for 2013 – EUR 1850 per ton.
DISCLAIMER: This material contains forward-looking statements that reflect the view of the company’s management with respect to certain future events within the economic group of Monbat Plc.
Although it is believed that these expectations are reasonable, they may be affected by a variety of factors and changes in underlying assumptions that could cause actual results to differ materially. Neither Monbat Plc as a legal entity, nor the members of its Board of directors, managers or employees or any other person shall bear any liability whatsoever for any loss arising from the use of this material.
The Board of Directors adopted a resolution regarding the monthly results announced by the company to the attention of the investor community that as of January 2013 the data will be presented on consolidated basis and will comprise information on all of the companies in the economic group of Monbat Plc.
The results will be published on the 26th day of each month following the month to which they relate. If the 26th day is not a business day, the results will be published on the next business day. With this regard, the first monthly consolidated results of the companies in the economic group of Monbat Plc for January 2013 will be announced on 26.02.2013.
contact for investors
Daniela Peeva
Investor Relations Director
tel. +359 2 988 2413
e-mail: investorrelations@monbat.com