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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 Q1 2023

Financial

In the Q1 2023 the companies in the economic group of Monbat AD have generated consolidated net sales revenue from continuing operations in the amount of BGN 104 464 thousand, an increase of 14.3% to the consolidated net sales revenue for the same period of 2022.

The generated net sales revenue from continuing operations for the first three months 2023 in the amount of BGN 104 464 thousand is broken down as follows:

Production BGN   97 483 thousand
ProductsBGN        104 thousand
ServicesBGN     2 898 thousand
OthersBGN     3 979 thousand

The consolidated EBITDA from continuing operations of the Group for Q1 2023 stands at BGN 8 259 thousand, which represents a decrease of 33.2% compared to same period of 2022.

In Q1 2023 the companies in the economic group of Monbat AD have generated net profit from continuing and discontinued operations in the amount of BGN 6 051 thousand, which represents an increase of 4.0% compared to the generated net profit for the same period of 2022.