Monbat’s August’16 cons sales up by 13.9% YoY; monthly EBT surges 90.9% YoY (POSITIVE)

Augsust’16 consolidated revenue of Monbat increased by 13.9% YoY (+19.4% MoM) to BGN 22.6m. The monthly EBITDA increased by 60.8% YoY to BGN 4.3m and the EBT jumped 90.9% YoY to BGN 2.9m. The cumulative sales since the beginning of the year slipped by 1.0% YoY to BGN 154.0m, but the EBITDA added 8.7% YoY to BGN 29.4m, as the EBITDA margin increased to 19.1% from 17.4% in the comparable year-ago period. The cumulative EBT added 8.1% YoY to BGN 19.5m and the EBT margin increased to 12.7% from 11.6% in January-August 2015.