Monbat AD announced the Q4 2017 individual financial report as at 31.12.2017

As at 31.12.2017 MONBAT AD reports individual net sales revenues in the amount of BGN 351 124 000 which represents an increase by 2,42 % compared to the individual net sales revenues generated as of 31.12.2016 in the amount of BGN 342 830 000.

The individual profit before taxes generated by MONBAT AD as at 31.12.2017 is in the amount of BGN 7 815 000 compared to the individual profit before taxes as at 31.12.2016 in the amount of BGN 20 142 000. This represents a decrease of the profit before taxes by 61,20 %.

The individual net profit of MONBAT AD as at 31.12.2017 is in the amount of BGN 6 979 000 and reports a decrease by 61,45 % compared to the individual net profit of the company as at 31.12.2016 which is in the amount of BGN 18 103 000. As at 31.12.2017 EBITDA (profit before interest +amortization, decreased with financial incomes and increased with financial expenses) of MONBAT AD on an individual basis is in the amount of BGN 14 630 000 compared to EBITDA reported as at 31.12.2016 on an individual basis in the amount of BGN 26 062 000.

This represents an EBITDA decrease by 43,86 %. As at 31.12.2017 EBIT (profit before interest, decreased with financial incomes and increased with financial expenses) of MONBAT AD on an individual basis is in the amount of BGN 8 546 000 compared to EBIT on an individual basis in the amount of BGN 20 465 000 as at 31.12.2016. This represents an EBIT decrease by 58,24 %.

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

contact for media
Vanya Babanin, PhD
Director Marketing & Communications
tel. +359 888 244 178
e-mail: media@monbat.com