Monbat AD has announced the 2018 Q4 consolidated financial report

As at 31.12.2018 MONBAT AD reports consolidated net sales revenues in the amount of BGN 293 938 000 which represents a decrease by 9.43 % compared to the consolidated net sales revenues generated as of 31.12.2017 in the amount of BGN 324 529 000.

The consolidated profit before taxes generated by MONBAT AD as at 31.12.2018 is in the amount of BGN 4 288 000 compared to the consolidated profit before taxes as at 31.12.2017 in the amount of BGN 35 15447 000. This represents a decrease of the profit before taxes by 87.80 %.

The consolidated net profit of MONBAT AD as at 31.12.2018 is in the amount of BGN 2 798 000 and reports a decrease by 91.02 % compared to the consolidated net profit of the company as at 31.12.2017 which is in the amount of BGN 31 175 000.

As at 31.12.2018 EBITDA from continuing operations (profit before interest +amortization, decreased with financial incomes and increased with financial expenses) of MONBAT AD on a consolidated basis is to the amount of BGN 24 042 000 compared to EBITDA from continuing operations and excluding one-off purchase bargain effects reported as at 31.12.2017 on a consolidated basis to the amount of BGN 39 215 000. This represents an EBITDA decrease by 38.69 %.

As at 31.12.2018 EBIT from continuing operations (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 9 556 000 compared to EBIT from continuing operations and excluding one-off purchase bargain effects on a consolidated basis in the amount of BGN 25 791 000 as at 31.12.2017. This represents an EBIT decrease by 62.29 %.

For the period 01.01.2018 – 31.12.2018 MONBAT AD has generated consolidated revenues from abroad totaling EUR 136 985 000 which represent 91.15 % of the total net sales revenues.

For the period 01.01.2018 – 31.12.2018 major market for MONBAT AD was France with EUR 20 787 000 sales revenues which represents 15.17 % of the total consolidated export of the company.

The generated consolidated sales revenues on the domestic market basis as of 31.12.2018 were in the amount of BGN 26 017 000 (EUR 13 302 000) and represent 8.85 % of the net sales revenues of the company.

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