Monbat AD has announced the interim individual financial report as at 31.12.2018
Financial
As at 31.12.2018 MONBAT AD reports individual net sales revenues in the amount of BGN 349 000 000 which represents an decrease by 0.45 % compared to the individual net sales revenues generated as of 31.12.2017 in the amount of BGN 350 564 000.
The individual profit before taxes generated by MONBAT AD as at 31.12.2018 is in the amount of BGN 13 357 000 compared to the individual profit before taxes as at 31.12.2017 in the amount of BGN 7 147 000. This represents an increase of the profit before taxes by 86.89 %.
The individual net profit of MONBAT AD as at 31.12.2018 is in the amount of BGN 12 729 000 and reports an increase by 100.39 % compared to the individual net profit of the company as at 31.12.2017 which is in the amount of BGN 6 352 000.
As at 31.12.2018 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 14 211 000 compared to EBITDA reported as at 31.12.2017 on an individual basis in the amount of BGN 13 966 000. This represents an EBITDA increase by 1.75 %.
As at 31.12.2018 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 8 247 000 compared to EBIT on an individual basis in the amount of BGN 7 882 000 as at 31.12.2017. This represents an EBIT increase by 4.97 %.
As a result of its marketing and distribution strategy, Monbat enjoys excellent market diversification, with sales in more than 60 countries in the 2018 Q4 and important markets for this period are France, Spain, Germany, Romania and Italy.
For the period 01.01.2018 – 31.12.2018 MONBAT AD has generated individual revenues from abroad totaling EUR 130 479 000 which represent 73.12 % of the total net sales revenues.
For the period 01.01.2018 – 31.12.2018 major market for MONBAT AD was France with EUR 20 756 000 sales revenues which represents 15.91 % of the total individual export of the company.
The generated individual sales revenues on the domestic market basis as of 31.12.2018 were in the amount of BGN 93 805 000 (EUR 47 961 000) and represent 26.88 % of the net sales revenues of the company.
More information you can find at www.monbatgroup.com
contact for investors
Daniela Peeva
Investor Relations Director
tel. +359 2 988 2413
e-mail: investorrelations@monbat.com