MBB SE — Earnings Release 2007

Mar 25, 2008

News Details

Corporate | 25 March 2008 08:30

MBB results for 2007 show increase in earnings per share to 2.07 euros

MBB Industries AG / Final Results/Forecast

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MBB Industries final results for 2007 show increase in earnings per share
to 2.07 euros

Turnover and operating profits well above provisionally reported figures

Berlin, March 25, 2008 - MBB Industries AG (ISIN DE000A0ETBQ4), a holding
company specialising in medium-sized industrial companies with sustained
value growth potential, has produced final results for 2007 which are well
above the previously reported provisional record figures.

MBB`s turnover for last year rose by 81 percent to 113.6 million euros,
compared with 62.9 million euros in 2006. Earnings performance was
completely in line with the expansion in business. The EBITDA rose to 20.8
million euros, compared to the previous year's value of 9.0 million euros,
representing a plus of 131 percent. Annual net profit reached 13.7 million
euros, an increase of 254 percent compared with the previous year´s level
of 3.9 million euros. Earnings per share in 2007 were 2.07 euros, compared
with a figure of 0.59 euros for 2006. This was the first time that account
rendering was conducted in accordance with the International Financial
Reporting Standards (IFRS).

In addition to the highly positive operative development of the portfolio
companies, the buying and selling of shares in companies also had a
considerable impact on the results. Before tax and minority shareholdings,
MBB was able to generate 4,0 million euros in revenue from share sales and
6,7 million euros in net income from bargained purchases and expenditures
associated with the acquisition of the Reimelt Henschel Gruppe in 2007.

As a result of the good earnings performance, MBB Industries was able to
reduce its net debt from 8.0 million euros the previous year to 1,3 million
euros at the end of the year 2007, with an equity capital of 51,0 million
euros. This puts the equity ratio at 39 percent. The group´s total liquid
funds were 26.9 million euros on the cutoff date compared with 10.5 million
euros one year previously. This means that the company is strongly placed
to conduct repeated company purchases in the same magnitudes as hitherto.

MBB Industries is planning further business expansion for 2008. The target
value for turnover, excluding any additional company purchases is already
over 180 million euros. For 2008, the management expects earnings per share
of 1.65 euros.

About MBB Industries AG:

Since 1995, MBB Industries AG has maintained successful holdings in the
form of medium-sized industrial companies with sustainable value growth
potential. Our business model is based on a three-pillar structure,
comprising the acquisition of interests at favourable terms, subjecting
them to value-enhancing holding management, and releasing them in
high-yield sales. Right from the start, MBB Industries AG has achieved
above-average profitability, and continues to devote its efforts to
attaining unusually high yields in the future. For the year 2007, MBB
Industries achieved a group revenue of 113.6 million euros, with a
workforce of around 1,840. Group revenue for the year 2008 is set to exceed
180 million euros. Shares in MBB Industries AG are traded over the counter
on the Frankfurter Wertpapierbörse (Frankfurt Stock Exchange), Entry
Standard division.

Contact:

edicto GmbH
Dr. Sönke Knop/ Axel Mühlhaus
Zeisselstrasse 19
60318 Frankfurt
Tel. +49-69-90550551
Email: mbb@edicto.de
25.03.2008 Financial News transmitted by DGAP

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Language: English
Issuer: MBB Industries AG
Joachimstaler Strasse 34
10719 Berlin
Deutschland
Phone: +49 (0) 30 844 15 330
Fax: +49 (0) 30 844 15 333
E-mail: christof.nesemeier@mbbindustries.com
Internet: www.mbbindustries.com
ISIN: DE000A0ETBQ4
WKN: A0ETBQ
Listed: Freiverkehr in Berlin, Düsseldorf, München, Stuttgart; Entry
Standard in Frankfurt

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