Billboard AD Reports Unaudited Individual Earnings Results for the First Quarter Ended March 31, 2016
June 01, 2016 at 06:52 am EDT
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Billboard AD reported unaudited individual earnings results for the first quarter ended March 31, 2016. For the quarter, as per IFRS/IAS, the company reported total net sales revenues in the amount of BGN 1,712,000 compared to BGN 1,682,000 for the same period of 2015 which represents an increase of the net sales revenues by 1,78%. Profit before taxes was BGN 5,000 compared to the loss before taxes for the same period of 2015 which is in the amount of BGN 32,000. The net profit of the company was BGN 12,000 compared to the net loss of the company of BGN 26,000 a year ago. Earnings before taxes and depreciation and amortization, increased by the financial expenses and decreased by the financial incomes of the company were BGN 406,000 compared to EBITDA of BGN 449,000 a year ago. Earnings before taxes, increased by the financial expenses and decreased by the financial incomes (EBIT) of the company were BGN 102,000 compared to EBIT in the amount of BGN 143,000 a year ago.
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%).
BILLBOARD AD 
