Monbat AD operates in the Storage batteries sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Monbat AD with three other
battery manufacturers in Europe:
sales of 68.33 million Euros [US$79.83 million]
(293.90 million Bulgarian Levas [US$176.20 million]
Seri Industrial SpA
based in ITALY
(125.58 million Euros [US$146.71 million]
of which 59%
was Printing plastic).
During the second
quarter of 2021, sales at Monbat AD totalled
86.50 million Bulgarian Levas.
an increase of 36.7%
from the 63.27 million Bulgarian Levas in sales at the company during the second quarter of 2020.
This was the largest same quarter increase in sales since the second
quarter of 2017.
During the first two
quarters of 2021, sales totalled 176.32 million Bulgarian Levas, which is
than through the first two quarters of 2020.
Sales at Monbat AD appear to have some seasonality: during each of the previous 7
years, sales have been highest during the fourth quarter, which has accounted for
between 28.1% and 31.9%
of the annual
Monbat AD reported sales of 304.00 million Bulgarian Levas (US$182.26 million)
December of 2020.
decrease of 8.1%
versus 2019, when the company's sales were 330.77 million Bulgarian Levas.