Monbat reports consolidated results for Q3 2023

In the third quarter of 2023 the companies in the economic group of Monbat AD have generated consolidated net sales revenue from continuing operations in the amount of BGN 93 483 thousand, a decrease of 2.4% to the consolidated net sales revenue for the same period of 2022.

In the first nine months of 2023 the companies in the economic group of Monbat AD have generated consolidated net sales revenue from continuing operations in the amount of BGN 289 420 thousand, an increase of 2.7% to the consolidated net sales revenue for the first nine months of 2022.

The generated net sales revenue from continuing operations for the first nine months of 2023 in the amount of BGN 289 420 thousand is broken down as follows:

The consolidated normalized EBITDA from continuing operations of the companies in the economic group of Monbat AD for Q3 2023 stands at BGN 11 427 thousand, which represents an increase of 26.9% compared to the same period of 2022.

The consolidated normalized EBITDA from continuing operations of the companies in the economic group of Monbat AD for the first nine months of 2023 stands at BGN 29 496 thousand, which represents an increase of 10.9% compared to the consolidated normalized EBITDA from continuing operations for the same period of 2022.

In Q3 2023 the companies in the economic group of Monbat AD have generated profit before taxes from continuing and discontinued operations in the amount of BGN 4 245 thousand, which represents an increase in the financial result of 1.6% compared to the generated profit before taxes for the same period of 2022.

In the first nine months of 2023 the companies in the economic group of Monbat AD have generated profit before taxes from continuing and discontinued operations in the amount of BGN 9 907 thousand, which represents an increase of 0.3% compared to the generated net profit for the same period of 2022.