November 27 (SeeNews) - Bulgarian car battery manufacturer Monbat [BUL:5MB] said on Monday its consolidated pre-tax profit grew by an annual 21% to 29.8 million levs ($18.2 million/15.2 million euro) in the first 10 months of 2017.
The company's consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 15.7% year-on-year to 43.5 million levs in January-October, Monbat said in a bourse filing.
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Consolidated net sales revenue increased by an annual 29.1% to 266.3 million levs in the review period.
In October alone, Monbat’s pre-tax profit increased 3.5% year-on-year to 2.9 million levs, while consolidated net sales rose by 27.8% to 34.4 million levs.
(1 euro = 1.95583 levs)