16.08.2018
MBB SE DE000A0ETBQ4
DGAP-News: MBB SE: MBB SE grows revenues by 23.9% to EUR240.2 million and EBITDA by 26.5% to EUR26.6 million in the first half of the year
DGAP-News: MBB SE / Key word(s): Half Year Results
MBB SE: MBB SE grows revenues by 23.9% to EUR240.2 million and EBITDA by
26.5% to EUR26.6 million in the first half of the year
16.08.2018 / 17:45
The issuer is solely responsible for the content of this announcement.
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MBB SE grows revenues by 23.9% to EUR240.2 million and EBITDA by 26.5% to
EUR26.6 million in the first half of the year
Berlin, August 16, 2018 - MBB SE (ISIN DE000A0ETBQ4), a medium-sized
family-owned business, increased its revenue by 23.9% to EUR240.2 million in
the first half of 2018 compared to EUR193.9 million in the previous year.
Adjusted EBITDA grew by 26.5% to EUR26.6 million, corresponding to an EBITDA
margin of 11.0%. The companies in the Technical Applications and Trade &
Services segments were the main drivers behind this revenue and EBITDA
growth. Adjusted net income after minority interests amounted to EUR6.8
million (previous year: EUR8.3 million) or EUR1.03 per share.
In the second quarter of 2018, revenues increased by 27.8% year-on-year to
EUR122.4 million, underlining the acceleration of growth over the year.
Second quarter adjusted EBITDA was 30.0% higher than in the previous year
and reached EUR13.7 million. Adjusted earnings per share of EUR0.50 exceeded
the result of the previous year despite an increase in minority interests.
The consolidated balance sheet, which has developed especially positively in
the first quarter of 2018 due to a placement of Aumann shares, showed equity
of EUR486.9 million as at 30 June 2018 (EUR385.1 million as at 31 December
2017). Based on the balance sheet total of EUR704.7 million, the equity
ratio was 69.1%. Group liquidity at the end of the first half of the year
rose to EUR370.8 million from EUR279.2 million at the end of 2017 and net
liquidity rose to EUR313.3 million after EUR222.0 million at the end of
2017.
According to management, the positive development in all subsidiaries of MBB
underpins the forecast of sales of more than half a billion euros and
earnings per share of EUR2.30 to EUR2.45 in the financial year 2018. Due to
the extraordinary high capital resources and excellent references,
management is confident that it will be able to continue its strong growth
both organically and through further acquisitions.
The complete half-year financial report can be found at www.mbb.com.
About MBB SE:
MBB SE is a medium-sized family business which is growing organically as
well as acquisition based since its foundation in 1995. At the core of our
business model is the long-term value enhancement of subsidiaries and the
group as a whole. From the very beginning, the business model showed
above-average profitability - substantial growth and sustainable returns
will continue to be our goal.
Further information about MBB SE can be found at www.mbb.com.
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MBB SE
Joachimsthaler Straße 34
10719 Berlin
Tel +49 30 844 153 30
Fax +49 30 844 153 33
[email protected]
www.mbb.com
Executive Management
Dr. Christof Nesemeier (CEO)
Dr. Constantin Mang
Klaus Seidel
Chairman of the Board
Gert-Maria Freimuth
Registration details
Local court of Berlin-Charlottenburg, Registration No: HRB 165458
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16.08.2018 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, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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