Monbat registers another revenue decline in Apr’20 (NEGATIVE)
28.05.2020
Source: Monbat; FFBH
Monbat reported consolidated sales of BGN 19.9m in Apr’20, representing a 25.9% YoY drop. Monthly EBITDA (BGN 2.2m) lost 15.2% YoY, while pre-tax profit registered a 14.2% YoY decline and amounted to BGN 593k. 4-mo consolidated revenue stood at BGN 93.1m, furthering the YoY gap to 11.9%. YtD EBITDA (excl. the LED lights business) decreased 25.6% YoY to BGN 10.7m. YtD EBT from continuing operations was 54.5% lower YoY and amounted to BGN 3.8m.