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MBB SE — Earnings Release 2011
Mar 26, 2012
279_rns_2012-03-26_8a68dbfb-f2c6-4ba2-8da1-7980b0113640.html
Earnings Release
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News Details
Ad-hoc | 26 March 2012 16:52
MBB Industries AG: MBB Industries AG confirms provisional figures for 2011 Proposal for dividend increase to 44 cents per share
MBB Industries AG / Key word(s): Dividend/Final Results
26.03.2012 16:52
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 confirms provisional figures for 2011
Proposal for dividend increase to 44 cents per share
Berlin, 26 March 2012 - Based on its final and audited data, MBB Industries
AG (ISIN DE000A0ETBQ4) can confirm the provisional figures previously
reported. In 2011 as a whole, the company generated consolidated revenue
from continuing operations of EUR110 million. Its consolidated earnings for
the year amounted to EUR3.3 million, corresponding to earnings per share of
EUR0.51.
The Group's liquidity amounted to EUR30.3 million as at 31 December 2011
with net cash holdings of EUR13.7 million.
Thanks to the positive business performance, an increased dividend of 44
cents per share is set to be proposed to the Annual General Meeting on 18
June 2012 after 33 cents per share in the previous year. This rise reflects
the good financial situation at MBB Industries, which performed the biggest
takeover in the company's history with its buyout of CLAAS
Fertigungstechnik at the start of March.
The company is also reporting year-on-year growth in revenue and earnings
from its current portfolio for the first quarter of 2012. Taking into
account the acquisition of CLAAS Fertigungstechnik and its intended organic
growth, MBB Industries is forecasting a rise in sales to over EUR200
million in 2012.
In addition, the Supervisory Board resolved to extend the Managing Board
contracts of Dr. Christof Nesemeier and Gert-Maria Freimuth to 30 June
2015.
The 2011 annual report will be available for download at
www.mbbindustries.com on 27 April 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.mbbindustries.com
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MBB Industries AG
Joachimstaler Str. 34
10719 Berlin
Tel +49 30 844 15 330
Fax +49 30 844 15 333
[email protected]
www.mbbindustries.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
26.03.2012 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