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Batteries

Monbat Group provides a wide range of battery products and solutions for a variety of end-market applications

Automotive
Automotive
Agriculture
Agriculture
Public Transportation
Public Transportation
Marine
Marine
Defence
Defence
Industrial
Industrial
Aerospace
Aerospace
Telecommunications
Telecommunications
Renewable sources
Renewable sources

LEAD ACID BATTERIES

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The lead acid battery business focuses on the production of lead-acid automotive and stationary batteries and their servicing. The products in this segment can be divided into the following main groups:

  • starter batteries
  • stationary batteries
  • deep cycle batteries
  • special batteries
  • locomotives batteries
  • leisure batteries

RECYCLING

RECYCLING contacts

The division operates in recycling and trading activities of

  • lead acid scrap batteries
  • lead alloys
  • polyethylene and polypropylene materials

Recycling facilities are located in Bulgaria as well as in Italy, Romania and Serbia.

LITHIUM ION SOLUTIONS

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The lithium-Ion business segment operates under the EAS brand and provides cells and systems based on safe and proven LFP chemistry. The adopted cylindrical cells technology and the modular-based packing approach of the battery and systems allows EAS to maintain its attractive product range of High Power (HP) batteries for selected industries such as:

  • public transport
  • commercial fleet
  • construction machines
  • marine
  • harbour
  • and airport operations

Monbat reports consolidated results for June 2022

Financial

In June, 2022 the companies in the economic group of Monbat AD have generated consolidated net sales revenues from continuing operations (excluding the Li-Ion Division currently being divested) in the amount of BGN 37 914 thousand which represents an increase by 31% compared to the consolidated net sales revenues generated in June, 2021.  

The summarized data for the first six months of 2022 show that the companies in the economic group of Monbat AD have generated consolidated net sales revenues from continuing operations in the amount of BGN 186 155 thousand which represents an  increase by 6,8% compared to the consolidated net sales revenues for the same period of 2021.

The generated net sales revenues from continuing operations for the first six months 2022 in the amount of BGN 186 155 thousand are allocated as follows:

 

Production  BGN 177 791 thousand
Products BGN        294 thousand
Services BGN     4 960 thousand
OthersBGN     3 110 thousand

 

The generated consolidated result from continuing operations of the companies in the economic group of Monbat AD for June, 2022 is a loss of BGN 419 thousand.

The summarized data for the first six months of 2022  show that the companies in the economic group of Monbat AD have generated profit before taxes from continuing operations in the amount of BGN 8 475 thousand, which represents a profit decrease of 44% compared to the generated consolidated profit before taxes for same period of 2021.

The consolidated EBITDA from continuing operations of the Group for the month of June 2022 stands at BGN 1 576 thousand which represents a decrease of 65 % to the comparative period.

The consolidated EBITDA from continuing operations of the Group for the first six months of 2022 stands at BGN 17 523 thousand which represents a decrease of 33% compared to same period of 2021.