Monbat has announced the 2019 Q1 consolidated financial report

As at 31.03.2019 MONBAT AD reports consolidated net sales revenues in the amount of BGN 82 705 000 which represents an increase by 26.01 % compared to the consolidated net sales revenues generated as of 31.03.2018 in the amount of BGN 65 633 000.

The consolidated profit before taxes generated by MONBAT AD as at 31.03.2019 is in the amount of BGN 7 667 000 compared to the consolidated profit before taxes as at 31.03.2018 in the amount of BGN 1 890 000. This represents an increase of the profit before taxes by 305.66 %.

The consolidated net profit of MONBAT AD as at 31.03.2019 is in the amount of BGN 6 535 000 and reports an increase by 304.64 % compared to the consolidated net profit of the company as at 31.03.2018 which is in the amount of BGN 1 615 000.

As at 31.03.2019 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 12 139 000 compared to EBITDA reported as at 31.03.2018 on a consolidated basis in the amount of BGN 6 288 000. This represents an EBITDA increase by 93.05 %.

As at 31.03.2019 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 8 190 000 compared to EBIT on a consolidated basis in the amount of BGN 2 691 000 as at 31.03.2018. This represents an EBIT increase by 204.35 %.

For the period 01.01.2019 – 31.03.2019 MONBAT AD has generated consolidated revenues from abroad totaling EUR 36 927 000 which represent 87.33 % of the total net sales revenues.

For the period 01.01.2019 – 31.03.2019 major market for MONBAT AD on a consolidated basis was France with EUR 4 714 000 sales revenues which represents 12.77 % of the total consolidated export of the company.

The generated consolidated sales revenues on the domestic market basis as of 31.03.2019 were in the amount of BGN 10 482 000 (EUR 5 359 000) and represent 12.67 % 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