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MBB SE Earnings Release 2009

Nov 9, 2009

279_rns_2009-11-09_f90856dd-a271-43f1-a07f-5fcad1c79274.html

Earnings Release

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News Details

Ad-hoc | 9 November 2009 08:40

MBB Industries AG: Turnover at 21m Euro in third quarter 2009, Earnings per Share at 46 Cents in the first nine month 2009

MBB Industries AG / Preliminary Results/Quarter Results

09.11.2009

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.


Berlin, November 9, 2009 - MBB Industries AG (ISIN DE000A0ETBQ4), a holding
company specialising in medium-sized industrial companies with sustainable
value growth potential, continues to be profitable despite of a decrease
in turnover.

Based on provisional figures, MBB consolidated group revenue attained
EUR21m in third quarter of 2009 compared with EUR46m in the third quarter
of the previous year. For the first nine months of 2009 turnover reached
EUR96m after EUR141m in the equivalent previous year's period. It should be
taken into consideration that the sale of the Reimelt-Henschel-Group and
the following deconsolidation by the end of May resulted in a significant
decline in turnover.

Earnings for the third quarter of 2009 were at EUR0.7m compared with
EUR2.0m for the equivalent previous period. Earnings per share were 11
cents. This implies earnings per share of 46 cents for the first nine
months. The nine-months-earnings reached EUR3.0m after EUR6.7m in the first
nine months of 2008.

As of September 30, 2009, MBB had liquid funds of EUR36.1m and a net-cash
position (liquid funds less bank liabilities) of EUR12.2m.

For the year 2009 as a whole, the management board of MBB Industries
forecasts a turnover of EUR120m accompanied by a lower level of earnings
compared to the previous year. Furthermore, the management board expects
that MBB Industries is given a good chance of expanding its holdings
portfolio through acquisitions in the current market environment, due to
the MBB's favourable equity base and liquidity position.

The quarterly report will be made available on November 27, 2009 and can
then be downloaded from www.mbbindustries.com.

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. The 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 further information about MBB Industries please visit
http://www.mbbindustries.com

Contact:
edicto GmbH
Dr. Soenke Knop
Zeisselstrasse 19
60318 Frankfurt
Tel. 069-90550551
E-mail: [email protected]

09.11.2009 Financial News distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English
Company: 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: [email protected]
Internet: www.mbbindustries.com
ISIN: DE000A0ETBQ4
WKN: A0ETBQ
Indices: PXAP
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart

End of News DGAP News-Service