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MBB SE — Earnings Release 2012
Aug 13, 2012
279_rns_2012-08-13_18554463-d50c-4d9a-a7d0-c79ee536f3ef.html
Earnings Release
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Ad-hoc | 13 August 2012 08:55
MBB Industries AG: MBB Industries AG generates record earnings of 89 cents per share in first half of 2012
MBB Industries AG / Key word(s): Half Year Results/Half Year Results
13.08.2012 08:55
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.
MBB Industries AG generates record earnings of 89 cents per share in first
half of 2012
- Revenues rise by 73% to EUR89.8 million
-
Half-year earnings up 151% to EUR5.8 million
-
Outlook still positive
Berlin, 13. August 2012 - MBB Industries AG (ISIN DE000A0ETBQ4), a
family-owned, medium-sized corporation, has generated significant increases
in revenues and earnings in the first half of 2012, according to
provisional figures. All holdings contributed to the highly positive
performance, including CLAAS, which was acquired as at the end of the first
quarter of 2012 and has since been renamed MBB Fertigungstechnik. Revenues
of MBB Industries climbed by 73% in the first half of 2012 to EUR89.8
million after EUR51.9 million in the same period of the previous year.
EBITDA rose by 146% to EUR10.9 million after EUR4.4 million in the first
half of 2011. EBIT improved by 217% to EUR8.4 million after previously
EUR2.6 million. Consolidated earnings also increased strongly by 151% to
EUR5.8 million after EUR2.3 million in the same period of the previous
year. These figures include income from the first-time consolidation of MBB
Fertigungstechnik of EUR1.7 million. Earnings per share in the first half
of 2012 amounted to EUR0.89 after EUR0.35 in the first half of the previous
year. For the year as a whole, MBB Industries is still assuming sales of
more than EUR200 million and a continuing positive performance in earnings.
In the second quarter of 2012, in which MBB Fertigungstechnik was included
in reporting for the first time, sales rose by 141% to EUR58.4 million.
EBITDA improved by 258% year-on-year to EUR6.2 million, while EBIT rose by
451% to EUR4.7 million. Overall, MBB Industries earned around EUR2.6
million in the second quarter of 2012, an increase as against the previous
year's figure of 175%. Earnings per share for the second quarter of 2012
amounted to EUR0.40.
Net cash and cash equivalents improved to EUR18.2 million in the first half
of 2012 after EUR13.7 million at the end of 2011. It should be noted that
MBB Fertigungstechnik was acquired and a dividend of around EUR2.8 million
(EUR0.44 per share) was distributed in the reporting period. With the cash
and cash equivalents currently available to it, MBB Industries has the
opportunity to continue its external growth as well.
The full half-year report will be available for download under Investor
Relations at www.mbb.com from 31 August 2012.
About MBB Industries AG:
MBB Industries AG is a family-owned, medium-sized corporation that has
expanded steadily as a result of organic growth and the acquisition of
other companies since it was founded in 1995. Achieving a long-term
increase in the value of the individual companies and the Group as a whole
forms the heart of its business model. This business model has been highly
profitable since the outset - substantial growth and sustainable returns
will remain MBB Industries AG's goal in future as well.
Further information on MBB Industries AG can be found on the Internet at
http://www.mbb.com
--
MBB Industries AG
Joachimstaler Str. 34
10719 Berlin
Tel +49 30 844 15 330
Fax +49 30 844 15 333
[email protected]
www.mbb.com
Managing Board with power of representation
Dr. Christof Nesemeier (Chairman), Gert-Maria Freimuth
Supervisory Board
Dr. Peter Niggemann (Chairman), Dr. Jan C. Heitmüller, Dr. Matthias
Rumpelhardt
Court of Registration
Berlin-Charlottenburg Local Court, registration number: HR 97470
13.08.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: MBB Industries AG
Joachimstaler Strasse 34
10719 Berlin
Germany
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, Düsseldorf, München, Stuttgart
End of Announcement DGAP News-Service