Monbat AD has announced the H1 2019 individual financial report
Financial
As at 30.06.2019 MONBAT AD reports individual net sales revenues in the amount of BGN 170 538 000 which represents an increase by 10.23 % compared to the individual net sales revenues generated as of 30.06.2018 in the amount of BGN 154 712 000.
The individual profit before taxes generated by MONBAT AD as at 30.06.2019 is in the amount of BGN 5 379 000 compared to the individual profit before taxes as at 30.06.2018 in the amount of BGN 10 210 000. This represents a decrease of the profit before taxes by 47.32 %.
For the period 01.01.2019 – 30.06.2019 MONBAT AD has generated individual revenues from abroad totaling EUR 65 597 000 which represent 75.23 % of the total net sales revenues.
For the period 01.01.2019 – 30.06.2019 major market for MONBAT AD was Germany with EUR 7 476 000 sales revenues which represents 11.40 % of the total individual export of the company.
The generated individual sales revenues on the domestic market basis as of 30.06.2019 were in the amount of BGN 42 240 000 (EUR 21 597 000) and represent 24.77 % of the net sales revenues of the company.
The individual net profit of MONBAT AD as at 30.06.2019 is in the amount of BGN 4 844 000 and reports a decrease by 51.24 % compared to the individual net profit of the company as at 30.06.2018 which is in the amount of BGN 9 934 000.
As at 30.06.2019 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 9 848 000 compared to EBITDA reported as at 30.06.2018 on an individual basis in the amount of BGN 6 677 000. This represents an EBITDA increase by 47.49 %.
As at 30.06.2019 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 6 883 000 compared to EBIT on an individual basis in the amount of BGN 3 705 000 as at 30.06.2018. This represents an EBIT increase by 85.78 %.
contact for investors
Daniela Peeva
Investor Relations Director
tel. +359 2 988 2413
e-mail: investorrelations@monbat.com