Monbat

Leading SEE battery producer Monbat sales rise 22% in Q3 2015

Leading battery producer Monbat (5MB BU) consolidated sales went up 22% q/q in Q3’2015, according to latest consolidated financial results posted by the company. However, profitability decreased substantially as LME prices kept their significant downward trend over the summer months and recycling was not able to adjust material costs. Sliding profit margins Accordingly, Monbat EBITDA… Read more