18.08.2016
MBB SE DE000A0ETBQ4
DGAP-News: MBB subsidiary Delignit AG with significant increase in revenue and earnings in first half year of 2016
DGAP-News: MBB SE / Key word(s): Half Year Results
MBB subsidiary Delignit AG with significant increase in revenue and earnings
in first half year of 2016
18.08.2016 / 09:50
The issuer is solely responsible for the content of this announcement.
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Delignit AG with significant increase in revenue and earnings in first half
year of 2016
- Revenue climbs to EUR24.4 million, up 6.4 percent
- Consolidated net profits increase by 9.9 percent to EUR0.7 million
- Management predicts new record revenue for 2016
Berlin, 18 August 2016. Delignit AG, a subsidiary of MBB SE (ISIN
DE000A0ETBQ4) and leading manufacturer of ecological, hardwood-based
products and system solutions, has further increased revenue and
consolidated net profits during the first half of 2016. Revenue climbed to
a record EUR24.4 million, equalling a 6.4 percent increase over previous
year's EUR22.9 million. Earnings before interest, tax, amortisation and
depreciation (EBITDA) almost reach the previous year's level of EUR1.8
million at EUR1.7 million for the first six months of this year.
Consolidated net profits were EUR0.70 million, an increase of 9.9 percent
from previous year's EUR0.64 million. End of June 2016's equity ratio was a
solid 45.2 percent.
Various product innovations of recent years have contributed to the
pleasing business development both in the area of railway solutions within
the section of Technological Applications and - in line with the strategy
of "more revenue per vehicle" - within the Automotive section. In order to
increase capacity for the expected revenue growth, Delignit AG has started
an investment programme, the basis of which has been laid during the first
half of 2016, already.
Management expects a continuation of the positive business development and
predicts a new record level of revenue for financial year 2016.
The half year report will be published on www.delignit.com on 19 August in
the investor relations menu at www.delignit.com.
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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18.08.2016 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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493865 18.08.2016
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