12.08.2016
MBB SE DE000A0ETBQ4
DGAP-News: MBB SE subsidiary Delignit AG wins new automotive serial delivery contracts and expands capacity
DGAP-News: MBB SE / Key word(s): Incoming Orders
MBB SE subsidiary Delignit AG wins new automotive serial delivery contracts
and expands capacity
12.08.2016 / 10:24
The issuer is solely responsible for the content of this announcement.
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Delignit AG wins new automotive serial delivery contracts and expands
capacity
- Follow-up order for light commercial vehicle (LCV) with current original
equipment manufacturer (OEM) customer
- Additional OEM contract with life span of more than 10 years
- New delivery contracts create accumulated additional revenue potential of
up to EUR10 million p.a. starting 2018
- Investment programme of up to EUR6 million will be executed within next
two years
Berlin, 12 August 2016. Delignit AG, a subsidiary of MBB SE (ISIN
DE000A0ETBQ4) and leading manufacturer of ecological, hardwood-based
products and system solutions, has won two important automotive serial
delivery contracts and executes an investment programme to meet the
expected capacity demand.
Delignit AG was able to secure a light commercial vehicle follow-up order
with a leading German automotive OEM. The contract for the successor model
will have a wider scope of delivery, now also comprising wheel house
fairings for the interior. A production period of ten years is planned for
this LCV model.
Furthermore, within the scope of a newly won OEM contract with another
leading German automotive OEM, Delignit AG will deliver a wide range of its
product portfolio of cargo-bay protection solutions to the customer's
production plant in a neighbouring European country, including a specially
developed synthetics-based side-panel solution. This OEM-contract spans a
time of more than ten years and shall create revenue starting financial
year 2017.
With regard to financial year 2018, in which these contracts will show
their full revenue impact for the first time, an additional revenue volume
of up to EUR10 million might be possible, assumed, that the underlying non-
binding OEM sales plans of the respective contracts will be met.
In order to have the necessary capacity available for the potential revenue
increase, Delignit AG will execute an extensive investment programme of up
to EUR6 million within the forthcoming 24 months. An innovative press-
technology will be put to work, not only increasing capacity but also
improving efficiency of the total production process. Additionally,
Delignit AG will invest in the expansion of its CNC-capacity including a
special CNC-line for light-weight products.
Based on the successful acquisition of new and follow-up contracts over the
past quarters, Delignit AG is optimistic concerning its further business
development. For financial year 2016, revenues are expected to grow. This
growth is projected to continue in the following years.
About MBB SE:
MBB SE is a medium-sized family business that has expanded steadily since
it was founded in 1995 through organic growth and the acquisition of
companies. Increasing long-term value of the independent subsidiaries and
the Group as a whole is the heart of its business model which has been
highly profitable from the outset. Substantial growth and sustainable
returns will remain MBB SE's goal in future as well.
Further information on MBB SE can be found at www.mbb.com
--
MBB SE
Joachimsthaler Straße 34
10719 Berlin
Tel +49 30 844 15 330
Fax +49 30 844 15 333
[email protected]
www.mbb.com
Executive Management
Dr Christof Nesemeier (CEO)
Anton Breitkopf
Dr Gerrit Karalus
Klaus Seidel
Chairman of the Board
Gert-Maria Freimuth
Court of Registration
Berlin-Charlottenburg Local Court, registration number: HRB 165458
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12.08.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: MBB SE
Joachimsthaler Strasse 34
10719 Berlin
Germany
Phone: +49 (0) 30 844 15 330
Fax: +49 (0) 30 844 15 333
E-mail: [email protected]
Internet: www.mbb.com
ISIN: DE000A0ETBQ4
WKN: A0ETBQ
Indices: PXAP
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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