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MBB SE Earnings Release 2009

Mar 22, 2010

279_rns_2010-03-22_1bf393a7-b2fd-4773-872e-39c98834e028.html

Earnings Release

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News Details

Ad-hoc | 22 March 2010 08:51

MBB Industries AG: Turnover 2009 117 million Euros, earnings per share at 54 Cent, high net cash position

MBB Industries AG / Final Results/Forecast

22.03.2010 08:51

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, March 22, 2010 - In 2009 MBB Industries AG (ISIN DE000A0ETBQ4)
generated, as in the previous years, a positive result with its current six
portfolio companies and predicts an increasing profit for the year 2010.

According to provisional, unaudited figures, MBB's consolidated group
revenue was 116.6 million euros, after 199.3 million euros in 2008. Net
income amounted to 3.5 million euros compared with 8.0 million euros in
2008. The decline in revenues and earnings is partly cyclical, but the
major part is due to the sale of Reimelt Henschel group in the second
quarter of 2009. Earnings per share 2009 were 54 cents, compared to 1.22
euro in 2008.

In 2009 the holding company Delignit AG's activities as a commercial
vehicle supplier were affected by the ongoing financial and economic
crisis. At the same time Hanke developed very well as a producer of tissue
products.

The high level of net cash of 10.7 million euros, including the physical
stocks of gold, is caused by the sale of Reimelt Henschel group and
represents an improvement over the previous year's comparison date on which
net financial liabilities were reported. Equity rose to 55.6 million euros,
with a liquidity, including gold, of 35.3 million euros, the equity ratio
is 54.5 percent.

For the current fiscal year, the board forecasts a turnover of 120 million
euros based on the current company portfolio and a higher profit compared
to last year's figures, as it assumes an improved economic situation for
2010 and the process improvements and adjustments made in the holdings are
expected to have their full effect. The board considers the capital and
liquidity position to be an extremely good basis for growth in the current
market environment through the acquisition of new companies.

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

22.03.2010 Ad hoc announcement, Financial News and Media Release 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