MBB SE — Earnings Release 2010

May 28, 2010

News Details

Ad-hoc | 28 May 2010 12:36

MBB Industries AG: MBB Industries AG doubles first quarter result to 13 cents per share compared to prior year’s quarter

MBB Industries AG / Quarter Results/Miscellaneous

28.05.2010 12:36

Dissemination 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, May 28, 2010 - MBB Industries AG (ISIN DE000A0ETBQ4), a holding
company specialising in medium-sized industrial companies with sustained
value growth, operated profitably in the first quarter of 2010, despite a
drop in turnover, and thus confirms its forecast for 2010.

Consolidated turnover for the first three months of 2010 was EUR29.8m
compared to the previous year's figure of EUR42.3m. It should be noted that
the sale and resultant deconsolidation of the Reimelt-Henschel group in May
2009 were major factors causing the drop in turnover. On the other hand, CT
Formpolster GmbH, which was acquired on January 1, 2010, is now
incorporated in the figures for the first time.

Earnings of 13 cents per share for the first three months of 2010 resulted
in a consolidated profit of EUR0.8m, compared with 6 cents per share and
EUR0.4m for the previous equivalent period of 2009.

Cash and cash equivalents as of 31.03.2010, including short-term securities
and physical stocks of gold, amounted to EUR35.0m, while net cash (the
aforementioned cash and cash equivalents less liabilities to banks) was
EUR10.6m as of 31.03.2010.

The managing board expects the available equity capital resources and cash
position to present good opportunities under current market conditions for
continued growth through the acquisition of additional portfolio companies.

The complete quarterly report is now available for download 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

28.05.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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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: 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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