Monbat AD has announced the Consolidated Financial Report as of 31.12.2016

MONBAT AD HAS ANNOUNCED THE CONSOLIDATED FINANCIAL REPORT AS OF 31.12.2016

As of 31.12.2016 MONBAT AD reports consolidated net sales revenues in the amount of BGN 263 661 000 which represents an increase by 7,20 % compared to the consolidated net sales revenues generated as of 31.12.2015 in the amount of BGN 245 958 000.
The consolidated profit before taxes generated by MONBAT AD as of 31.12.2016 is in the amount of BGN 31 194 000 compared to the consolidated profit before taxes as of 31.12.2015 in the amount of BGN 24 121 000 This represents a profit increase by 29,32 %.
The consolidated net profit of MONBAT AD as of 31.12.2016 is in the amount of BGN 28 331 000 and reports an increase by 28,48 % compared to the consolidated net profit of the company as of 31.12.2015 which is in the amount of BGN 22 051 000.
As of 31.12.2016 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 47 217 000 compared to EBITDA reported as of 31.12.2015 on a consolidated basis in the amount of BGN 37 504 000.
This represents an EBITDA increase by 25,89 %. As of 31.12.2016 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 34 395 000 compared to EBIT on a consolidated basis in the amount of BGN 25 972 000 as of 31.12.2015.
This represents an EBIT an increase by 32,43 %.

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