News

28.09.2011 - In August 2011 Monbat Plc and Monbat Recycling EAD have generated consolidated net incomes from sales to the amount of BGN 19 359 000

In August 2011 Monbat Plc and Monbat Recycling EAD have generated consolidated net incomes from sales to the amount of BGN 19 359 000 , which represents a 23.75 % decrease compared to the individual net incomes from sales, generated by Monbat Plc in August 2010 .
 The summarized data for the first eight months of 2011 show that Monbat Plc and Monbat Recycling EAD have generated consolidated net incomes from sales to the amount of BGN 134733 000 which represents a 12.50 % growth compared to the individual results of Monbat Plc for the same period of 2010.
 The generated net incomes from sales for the first eight months of 2011 to the amount of BGN 134733 000 are allocated as follows:

Production

BGN 103510 000

Products

BGN 6205 000

Services

BGN 862 000

Others , of which
 - materials ;
 - assets;
 - others

BGN 24156 000
 BGN 20489 000
 BGN 1049 000
 BGN 2 618 000

The generated consolidated profit before taxes of Monbat Plc and Monbat Recycling EAD for August 2011 is BGN 1972 000, which represents a profit increase of 5.57 % compared to the individual profit, generated by Monbat Plc in August 2010.

The summarized data for the first eight months of 2011 show that Monbat Plc and Monbat Recycling EAD have generated profit before taxes to the amount of BGN 14 725 000, which represents a profit increase of 1.85 % compared to the individual profit before taxes, generated by Monbat Plc for the same period of 2010.

With a view to the achieved consolidated results for the second quarter of 2011 and the results of August 2011, the Management Board of Monbat Plc presents the projected data on consolidated basis for 2011, as follows:

Net Incomes from Sales - 2011

Net Profit - 2011

Å BITDA - 2011

BGN 176 250 000

BGN 21 664 000

BGN 33 965 000

Disclaimer: This material contains forward-looking statements that reflect the view of the company’s management with respect to certain future events within the economic group of Monbat Plc. Although it is believed that these expectations are reasonable, they may be affected by a variety of factors and changes in underlying assumptions that could cause actual results to differ materially. 
Neither Monbat Plc as a legal entity, nor the members of its corporate Boards , directors or employees or any other person shall bear any liability whatsoever for any loss arising from the use of this material.