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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 Q4 2022

Financial

In Q4 of 2022 the companies in the economic group of Monbat AD have generated consolidated net sales revenues from continuing operations in the amount of BGN 106 568 thousand, a decrease of 2.3% to the consolidated net sales revenues for the same period of 2021.

In 2022 the companies in the economic group of Monbat AD have generated consolidated net sales revenues from continuing operations in the amount of BGN 388 380 thousand, an increase of 5.4% to the consolidated net sales revenues for 2021.

The generated net sales revenues from continuing operations for the first nine months 2022 in the amount of BGN 388 380 thousand are broken down as follows:

Production BGN 371 784 thousand
ProductsBGN        453 thousand
ServicesBGN     9 642 thousand
OthersBGN     6 501 thousand

In Q4 of 2022 the companies in the economic group of Monbat AD have generated loss before taxes from continuing operations in the amount of BGN 2 864 thousand, which represents a decrease of 155% compared to the generated consolidated profit before taxes for same period of 2021.

In 2022 the companies in the economic group of Monbat AD have generated profit before taxes from continuing operations in the amount of BGN 8 620 thousand, which represents a decrease of 6 % compared to the generated consolidated profit before taxes for 2021.

The consolidated normalized EBITDA from continuing operations (excl. impairment expenses) of the Group for Q4 of 2022 stands at BGN 8 847 thousand which represents a decrease of 16% compared to same period of 2021.

The consolidated normalized EBITDA from continuing operations (excl. impairment expenses) of the Group for 2022 stands at BGN 35 401 thousand which represents a decrease of 23.8% compared to 2021.