Monbat AD Announced the Q3 2017 Consolidated Financial Report as at 30.09.2017
Financial
As at 30.09.2017 MONBAT AD reports consolidated net sales revenues in the amount of BGN 232 058 000 which represents an increase by 29.37 % compared to the consolidated net sales revenues generated as of 30.09.2016 in the amount of BGN 179 376 000. The consolidated profit before taxes generated by MONBAT AD as at 30.09.2017 is in the amount of BGN 25 995 000 compared to the consolidated profit before taxes as at 30.09.2016 in the amount of BGN 21 383 000.
This represents an increase of the profit before taxes by 21.57 %. The consolidated net profit of MONBAT AD as at 30.09.2017 is in the amount of BGN 23 393 000 and reports an increase by 22 % compared to the consolidated net profit of the company as at 30.09.2016 which is in the amount of BGN 19 174 000.
As at 30.09.2017 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 38 310 000 compared to EBITDA reported as at 30.09.2016 on a consolidated basis in the amount of BGN 32 794 000.
This represents an EBITDA increase by 16.58 %. As at 30.09.2017 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 27 823 000 compared to EBIT on a consolidated basis in the amount of BGN 23 409 000 as at 31.09.2016.
This represents an EBIT increase by 18.86 %. For the period 01.01.2017 – 30.09.2017 MONBAT AD has generated consolidated revenues from abroad totaling EUR 102 465 480 which represent 86.36 % of the total net sales revenues. For the period 01.01.2017 – 30.09.2017 major market for MONBAT AD was France with EUR 13 948 000 sales revenues which represents 13.61 % of the total consolidated export of the group.
The generated consolidated sales revenues on the domestic market basis as of 30.09.2017 were in the amount of BGN 31 653 000 (EUR 16 184 000) and represent 13.64 % of the net sales revenues of the Group.
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contact for investors
Daniela Peeva
Investor Relations Director
tel. +359 2 988 2413
e-mail: investorrelations@monbat.com