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MBB SE — Earnings Release 2013
Oct 30, 2013
279_rns_2013-10-30_d1a8f6dd-c70b-4efc-bcbf-4cbada349e91.html
Earnings Release
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Ad-hoc | 30 October 2013 08:39
MBB Industries AG posts revenue and earnings growth after first nine months of 2013
MBB Industries AG / Key word(s): Quarter Results/Quarter Results
30.10.2013 08:39
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
MBB Industries AG posts revenue and earnings growth after first nine months
of 2013
- Revenue grows 14.4% to EUR172.8 million
- Consolidated net profit up 4.2% to EUR9.5 million
Berlin, 30 October 2013 - MBB Industries AG (ISIN DE000A0ETBQ4), a
family-owned, medium-sized group focusing on technology and engineering
services, has increased its revenue and earnings in the first nine months
of 2013. After the first three quarters of 2013, revenue was up 14.4% to
EUR172.8 million after EUR151.0 million in the same period of the previous
year. Consolidated earnings improved by 4.2% to EUR9.5 million after
previously EUR9.1 million. Per share, MBB Industries AG therefore earned
EUR1.47 in the reporting period after EUR1.41 in the previous year. The
good performance is also reflected in the statement of financial position.
As at 30 September 2013, the equity of MBB Industries AG amounted to
EUR63.2 million after EUR57.4 million as at the end of 2012. At the same
time, cash and cash equivalents improved from EUR45.2 million at the end of
2012 to EUR52.6 million despite record capital expenditure in the 2013
financial year as a whole and the payment of a dividend of more than EUR3
million. MBB Fertigungstechnik, which was acquired in the previous year,
has been included in figures since the second quarter of 2012.
In the third quarter of 2013, MBB generated revenue of EUR58.5 million
compared to EUR61.2 million in the previous year and earnings of EUR3.2
million after EUR3.4 million in 2012. MBB anticipates that business
performance will remain positive throughout the entire Group in the
remaining months of 2013 and the 2014 financial year. Moreover, MBB is
forecasting revenue and earnings contributions in 2014 from the record
capital expenditure of around EUR20 million in existing holdings currently
being implemented. These include, for example, the construction of a new
paper machine at the Hanke Tissue holding, the expansion of MBB
Technologies Ltd. (China) as a subsidiary of MBB Fertigungstechnik GmbH and
preparations for the start-up of further series supply of van flooring for
a renowned manufacturer of light commercial vehicles at the Delignit
holding.
MBB Industries AG's sound liquidity resources allow not just the expansion
of capacity at existing equity investments, but also the acquisition of
further companies.
The quarterly report will be published on 29 November 2013 and will be
available for download at www.mbb.com.
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
lies at the heart of its business model. This business model has been
highly profitable from 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
Germany
Tel. +49 30 844 15 330
Fax +49 30 844 15 333
[email protected]
www.mbb.com
Managing Board
Dr. Christof Nesemeier
Supervisory Board
Gert-Maria Freimuth (Chairman), Dr. Peter Niggemann, Dr. Matthias
Rumpelhardt
Court of Registration
Berlin-Charlottenburg Local Court, registration number: HR 97470
30.10.2013 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