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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

Growth in the consolidated results of the Group for April 2021

Financial

In April, 2021 the companies in the economic group of Monbat AD have generated consolidated net sales revenues to the amount of BGN 29 422 thousand which represents an increase of 47.50 % compared to the consolidated net sales revenues from continuing operations generated in April, 2020. 

The consolidated data for the first four months of 2021 shows that the companies in the economic group of Monbat AD have generated consolidated net sales revenues to the amount of BGN 119 243  thousand which represents an increase by 29.90 % compared to the consolidated net sales revenues from continuing operations for the same period of 2020.

The generated net sales revenues from continuing operations for the first four months of 2021 in the amount of BGN 119 243  thousand are allocated as follows:

 

Production  BGN      113 263 thousand
Products BGN             166  thousand
Services BGN           2 133 thousand
OthersBGN           3 681 thousand

 

The generated consolidated result before taxes of the companies in the economic group of Monbat AD for April, 2021 is a profit of BGN 1 786 thousand, which represents an increase by 201.20 % compared to the consolidated result before taxes for the same period of 2020.

The consolidated data for the first four months of  2021 shows that the companies in the economic group of Monbat AD have generated profit before taxes to the amount of BGN 9 993 thousand, which represents an increase by 165.70 % compared to the generated consolidated profit before taxes for same period of 2020.

The consolidated EBITDA of the Group for April 2021 stands at BGN 4 549 thousand which represents an increase by 104.40 % to the consolidated EBITDA for April 2020.

The consolidated data for the first four  months of 2021 show that the companies in the economic group of Monbat AD have generated EBITDA to the amount of BGN 17 514 thousand which represents an increase of 63.10 % compared to same period of 2020.

Notes: Other revenues recognized in the comparable period for the first four months of 2020 are adjusted with BGN 1 305 thousand. The value of the adjustment relates to recorded revenues in connection with fixed assets sold on sale and lease back arrangement, for which after review it has been concluded that the criteria stipulated in IFRS 15 for revenue recognition and respectively write-off of the carrying amount of the sale have not been met.