Monbat reports an increase of the consolidated monthly results for June 2021
Financial
In June, 2021 the companies in the economic group of Monbat AD have generated consolidated net sales revenues to the amount of BGN 29 532 thousand which represents an increase of 23.10 % compared to the consolidated net sales revenues from continuing operations generated in June, 2020.
The consolidated data for the first six months of 2021 shows that the companies in the economic group of Monbat AD have generated consolidated net sales revenues to the amount of BGN 176 322 thousand which represents an increase by 31.80 % compared to the consolidated net sales revenues from continuing operations for the same period of 2020.
The generated net sales revenues from continuing operations for the six months of 2021 in the amount of BGN 176 322 thousand are allocated as follows:
| Production | BGN 168169 thousand |
| Products | BGN 234 thousand |
| Services | BGN 2955 thousand |
| Others | BGN 4964 thousand |
The generated consolidated result before taxes of the companies in the economic group of Monbat AD for June, 2021 is a profit of BGN 2 485 thousand, which represents an increase by 112.90 % compared to the consolidated result before taxes for the same period of 2020.
The consolidated data for the first six months of 2021 shows that the companies in the economic group of Monbat AD have generated profit before taxes to the amount of BGN 13 522 thousand, which represents an increase by 111.50 % compared to the generated consolidated profit before taxes for same period of 2020.
The consolidated EBITDA of the Group for June 2021 stands at BGN 4 687 thousand which represents an increase by 38 % to the consolidated EBITDA for June 2020.
The consolidated data for the first six months of 2021 show that the companies in the economic group of Monbat AD have generated EBITDA to the amount of BGN 25 650 thousand which represents an increase of 49.40 % compared to same period of 2020.
Notes: Other revenues recognized in the comparable period for the first six months of 2020 are adjusted with BGN 1 305 thousand. The value of the adjustment relates to recorded revenues in connection with fixed assets sold on sale and lease back arrangement, for which after review it has been concluded that the criteria stipulated in IFRS 15 for revenue recognition and respectively write-off of the carrying amount of the sale have not been met.