Bulgarian MonBat sees 2013 net profit at 17.3 mln euro

SOFIA (Bulgaria), January 16 (SeeNews) – Bulgarian car battery producer MonBat [BUL:5MB] said on Wednesday it expects its net profit to reach 33.8 million levs ($23 million/17.3 million euro) in 2013.

The company provided no comparative figures.

MonBat sees its 2013 ЕBITDA at 44.8 million levs, while its net sales revenue are expected to reach 283.3 million levs, the company said in a note to investors.

Blue-chip MonBat is majority-owned by Bulgarian lubricants producer Prista Oil.

MonBat shares were trading 0.42% lower at 4.78 levs by 1247 GMT on Wednesday on the Bulgarian Stock Exchange.

(1 euro=1.95583 Bulgarian levs)

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