BILLBOARD AD Announces Unaudited Earnings Results for the First Half Ended June 30, 2017
July 26, 2017
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BILLBOARD AD announced unaudited earnings results for the first half ended June 30, 2017. For the period, the company reported total individual net sales revenues in the amount of BGN 3,642,000 compared to BGN 4,403,000 for the same period of 2016 which represents a decrease of the net sales revenues by 17.28 %. individual profit before taxes in the amount of BGN 276,000 compared to the individual profit before taxes for the same period of 2016 in the amount of BGN 186,000 which represents an increase of the individual profit before taxes of the company by 48.39 %. The individual net profit was in the amount of BGN 276,000 compared to the individual net profit of the Company as of June 30, 2016 in the amount of BGN 186,000. The earnings before taxes and depreciation and amortization, increased by the financial expenses and decreased by the financial incomes on an individual basis were to the amount of BGN 946,000 compared to EBITDA as of to the amount of BGN 949,000. The earnings before taxes, increased by the financial expenses and decreased by the financial incomes (EBIT) on an individual basis were in the amount of BGN 377,000 compared to EBIT in the amount of BGN 351,000 as of June 30, 2016 which represents an increase by 7.40%.
Billbord AD (Billboard Plc) is a Bulgaria-based company that provides offset and digital printing services. The Companyâs product range includes billboards, mega boards, advertisement panels, labels, blinds, show stands, posters, stickers, banners, fitter carpets, floor stickers, flags, decoration and advertisements on vehicles, tents and textiles. The Companyâs customers include Coca Cola, Pepsi, Nestle, Kraft, Shell, OMV, KFC, Praktiker, Benetton, Max&Co, Beiersdorf, McDonaldâs, Carlsberg, Metro Cash&Carry, Mr.Bricolage, Billa, as well as such Bulgarian companies as MobilTel, BTK, SIS Industries, DZI, Zagorka, Kamenitza, Euromarket, and Post Bank, among others. Bilbord AD is the majority shareholder in Digital Print EOOD (100%), Solarset EOOD (100%), InStore Media OOD (100%), Dedraks OOD (60%), NimiSoft OOD (51%), Motion Arts OOD (51%), Mega Print DOO (51%) and DPS-Bulgaria OOD (60%).