Monbat AD has Announced the Consolidated Q1 Financial Report

As of 31.03.2017 MONBAT AD reports consolidated net sales revenues in the amount of BGN 78 207 000 which represents an increase by 22.40 % compared to the consolidated net sales revenues generated as of 31.03.2016 in the amount of BGN 63 893 000.
The consolidated profit before taxes generated by MONBAT AD as of 31.03.2017 is in the amount of BGN 9 682 000 compared to the consolidated profit before taxes as of 31.03.2016 in the amount of BGN 8 407 000. This represents a profit increase by 15.17 %.
The consolidated net profit of MONBAT AD as of 31.03.2017 is in the amount of BGN 8 618 000 and reports an increase by 10.44 % compared to the consolidated net profit of the company as of 31.03.2016 which is in the amount of BGN 7 803 000.
As of 31.03.2017 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 14 079 000 compared to EBITDA reported as of 31.03.2016 on a consolidated basis in the amount of BGN 12 056 000.
This represents an EBITDA increase by 16.78 %. As of 31.03.2017 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 10 559 000 compared to EBIT on a consolidated basis in the amount of BGN 9 002 000 as of 31.03.2016.
This represents an EBIT increase by 17,29 %.

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