Brief: Monbat sees 2017 EBITDA of 26.5 mln euros

Monbat AD

07/03/2017 16:37

March 7 (Reuters) - Monbat AD  5MB.BB : 
    * Sees 2017 revenue of 151.6 million euros, net profit of 
16.6 million euros, EBITDA of 26.5 million euros 
    * Plans to increase its revenue in 2021 to 216.4 million 
euros, net profit to 37.7 million euros, EBITDA to 49.2 million 
euros 
    * Over 2017-2021 it plans to focus on recycling derivatives, 
adopting new technologies for power batteries and enhancing 
product and technology solutions for energy management 
    * Expects to increase its battery production to 3.95 million 
units in 2021, from 3.04 million planned for 2017 
 
     
     
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