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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

Monbat AD announced the H1 2017 Consolidated Financial Report

Financial

As of 30.06.2017 MONBAT AD reports consolidated net sales revenues in the amount of BGN 150 879 000 which represents an increase by 34.17 % compared to the consolidated net sales revenues generated as of 30.06.2016 in the amount of BGN 112 456 000.
The consolidated profit before taxes generated by MONBAT AD as of 30.06.2017 is in the amount of BGN 17 261 000 compared to the consolidated profit before taxes as of 30.06.2016 in the amount of BGN 13 568 000. This represents an increase of the profit before taxes by 27.22 %.
The consolidated net profit of MONBAT AD as of 30.06.2017 is in the amount of BGN 15 151 000 and reports an increase by 20.77 % compared to the consolidated net profit of the company as of 30.06.2016 which is in the amount of BGN 12 545 000.
As of 30.06.2017 EBITDA (profit before interest + amortization, decreased with financial incomes and increased with financial expenses) of MONBAT AD on a consolidated basis is in the amount of BGN 25 682 000 compared to EBITDA reported as of 30.06.2016 on a consolidated basis in the amount of BGN 20 965 000.
This represents an EBITDA increase by 22.50 %. As of 30.06.2017 EBIT (profit before interest, decreased with financial incomes and increased with financial expenses) of MONBAT AD on a consolidated basis is in the amount of BGN 18 677 000 compared to EBIT on a consolidated basis in the amount of BGN 14 795 000 as of 30.06.2016. This represents an EBIT increase by 26.24 %.

contact for investors
Daniela Peeva
Investor Relations Director
tel. +359 2 988 2413
e-mail: investorrelations@monbat.com