Monbat H1 net loss narrows 23.32% to EUR 1.04 million; revenue falls 3.3% to EUR 93.33 million
Reuters2026/08/28 21:53Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Monbat posted a net loss of EUR 1.04 million, narrowing from EUR 1.36 million a year earlier.
- Revenue slipped 3.3% to EUR 93.33 million, reflecting lower lead prices, despite a 1.5% rise in battery volumes.
- Operating profit edged up to EUR 1.5 million from EUR 1.46 million, while finance costs held at EUR 3.13 million.
- Normalized EBITDA fell 9.7% to EUR 7.3 million, with the group citing a negative profitability impact from weaker lead prices.
- Strategic moves included a 60% purchase of UK distributor Alpha House for EUR 459,000, booking a EUR 280,000 bargain-purchase gain.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Monbat AD published the original content used to generate this news brief on August 28, 2026, and is solely responsible for the information contained therein.
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