January 2020, Monthly Results
Financial
Head Office
32 A Cherni vrah blvd., fl. 4 | 1407 Sofia, Bulgaria
tel. +359 2 962 11 50 | fax: +359 2 962 11 46
e-mail: contact@monbat.com
Monbat Group provides a wide range of battery products and solutions for a variety of end-market applications
LEAD ACID BATTERIES
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:
RECYCLING
The division operates in recycling and trading activities of
Recycling facilities are located in Bulgaria as well as in Italy, Romania and Serbia.
LITHIUM ION SOLUTIONS
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:
Financial
Dear Investors,
In January, 2020 the companies in the economic group of Monbat AD have generated consolidated net sales revenues in the amount of BGN 25 742 thousand which represents a decrease of 9.5 % compared to the consolidated net sales from continuing operations generated in January, 2019.
The generated consolidated result before taxes of the companies in the economic group of Monbat AD for January, 2020 is a profit of BGN 959 thousand, which represents a decrease of 53.8 % compared to the prior period result from continuing operations.
The consolidated EBITDA of the Group for the month of January 2020 stands at BGN 2 680 thousand which represents a decrease of 24.1% to the comparative period of January 2019.
contact for investors
Daniela Peeva
Investor Relations Director
tel. +359 2 988 2413
e-mail: investorrelations@monbat.com