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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 Q1 2018 consolidated financial report

Financial

As at 31.03.2018 MONBAT AD reports consolidated net sales revenues in the amount of BGN 65 633 which represents a decrease by 14,91 % compared to the consolidated net sales revenues generated as of 31.03.2017 in the amount of BGN 77 131.

The consolidated profit before taxes generated by MONBAT AD as at 31.03.2018 is in the amount of BGN 1 890 compared to the consolidated profit before taxes as at 31.03.2017 in the amount of BGN 10 141. This represents a decrease of the consolidated profit before taxes by 81,36 %.

The consolidated net profit of MONBAT AD as at 31.03.2018 is in the amount of BGN 1 615 and reports a decrease by 81,26 % compared to the consolidated net profit of the company as at 31.03.2017 which is in the amount of BGN 8 618.

As at 31.03.2018 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 6 288 compared to EBITDA reported as at 31.03.2017 on a consolidated basis in the amount of BGN 13 988. This represents an EBITDA decrease by 55,05 %.

As at 31.03.2018 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 2 691 compared to EBIT on a consolidated basis in the amount of BGN 10 691 as at 31.03.2017. This represents an EBIT decrease by 74,83 %.

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