MBB SE — Earnings Release 2009

Aug 28, 2009

News Details

Ad-hoc | 28 August 2009 08:49

MBB Industries AG: MBB Industries AG attain profit of EUR2.3m for the first half-year of 2009 while cash rise to EUR38.6m

MBB Industries AG / Half Year Results/Miscellaneous

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
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The issuer is solely responsible for the content of this announcement.

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Berlin, August 28, 2009 - MBB Industries AG (ISIN DE000A0ETBQ4), a holding
company specialising in medium-sized industrial companies with sustainable
value growth potential, attained a profit of EUR2.3m for the first
half-year of 2009, compared with EUR4.6m for the equivalent period of the
previous year. The EBITDA amounted to EUR5.9m, after last year's equivalent
figure of EUR9.5m. Turnover reached EUR73.5, compared with EUR94.1m in the
first half of 2008. The figures incorporate the Reimelt Henschel holding up
until May 31. The holding was sold in the second quarter of 2009 and had
been consolidated for the entire previous year. The sale enabled MBB
Industries to substantial increase its cash and cash equivalents to
EUR38.6m, representing EUR5.85 per share, compared with EUR18.4m as of June
30, 2008. The result per share for the first half of 2009 is EUR0.35, after
reaching a level of EUR0.70 for the same period of the year before.

In the first half of 2009, MBB Industries profited from the diversification
of its holdings portfolio. The general economic environment affected the
holding companies in different ways. While Delignit was unable to escape
the effects of the economic downturn, due to its dependency on the
automobile industry, business at Hanke and DTS progressed positively.

In the second quarter of 2009, turnover including the consolidation of
Reimelt Henschel until May 31 stood at EUR33.0m, compared with EUR49.4m the
previous year. The EBITDA was EUR3.6m compared with EUR5.6m for the
previous equivalent period. Profit for the period reached EUR1.9m compared
with EUR3.4m in the second quarter of 2008, corresponding with EUR0.29 per
share and EUR0.52 per share previously.

The sale of Reimelt Henschel in the second quarter of 2009 created earnings
of EUR3.0m from the deconsolidation. A significant reduction in the balance
sheet sum was also attained, resulting in an improvement in capital ratio
to 52.7 per cent, compared with 40.4 per cent as of June 30, 2008. On the
basis of the capital ratio and cash equivalents, MBB Industries considers
itself well placed to utilise the current economic environment to its
advantage by instigating significant growth through new acquisitions.

The complete half-year report will be available for download today 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: mbb@edicto.de
28.08.2009 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: anfrage@mbbindustries.com
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

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