Billboard : Interim Consolidated Financial Statements as of 30.06.2020
October 01, 2020 at 12:05 am EDT
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Interim Consolidated Financial Statements as of 30.06.2020
2020.09.29
BILLBOARD AD filed with FSC, BSE-Sofia AD and presented to the public its consolidated interim financial statements as of 30.06.2020.
Pursuant to the unaudited consolidated financial statements of BILLBOARD AD, drawn up according to the IAS/IFRS as of 30.06.2020 the company reported total net sales revenues in the amount of BGN 13 790 000 compared to BGN 18 021 000 for the same period of 2019 which represents a decrease of the net sales revenues by 23.48 %. As of 30.06.2020 the consolidated production net sales revenues of BILLBOARD AD were in the amount of BGN 13 750 000 compared to the consolidated production net sales revenues registered by 30.06.2019 in the amount of BGN 15 600 000 which represents a decrease by 11.86 %. As of 30.06.2020 the consolidated service net sales revenues of BILLBOARD AD were in the amount of BGN 40 000 compared to the consolidated service net sales revenues registered by 30.06.2019 in the amount of BGN 2 421 000.
As of 30.06.2020 BILLBOARD AD reported consolidated profit before taxes in the amount of BGN 234 000 compared to the consolidated profit before taxes in the amount of BGN 352 000 for the same period of 2019 which represents a decrease of the company's consolidated profit before taxes by 33.52 %. The consolidated net profit of BILLBOARD AD as of 30.06.2020, related to the owners of the parent company is in the amount of BGN 72 000 compared to the consolidated net profit, related to the owners of the parent company as of 30.06.2019 in the amount of BGN 193 000.
As of 30.06.2020 the earnings before taxes and depreciation and amortization, increased with the financial expenses and decreased with the financial incomes (EBITDA) of BILLBOARD AD on a consolidated basis were in the amount of BGN 1 449 000 compared to the EBITDA on a consolidated basis reported by 30.06.2019 in the amount of BGN 1 981 000.
As of 30.06.2020 the earnings before taxes and depreciation and amortization, increased by the financial expenses and decreased by the financial incomes (EBIT) of BILLBOARD AD on a consolidated basis were in the amount of BGN 419 000 compared to the EBIT on a consolidated basis reported by 30.06.2019 in the amount of BGN 800 000.
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Billboard AD Sofia published this content on 29 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 October 2020 04:04:03 UTC
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%).