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MBB SE — Earnings Release 2012
Feb 20, 2013
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Earnings Release
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Corporate | 20 February 2013 12:14
MBB Industries AG: MBB subsidiary Delignit AG reports significant revenue and earnings growth in 2012
MBB Industries AG / Key word(s): Miscellaneous/Miscellaneous
20.02.2013 / 12:14
MBB Industries AG
MBB subsidiary Delignit AG reports significant revenue and earnings growth in 2012
– Net profit of Delignit AG up 72.2% to EUR1.2 million in 2012
– Revenue increases by 11.5% to EUR34.1 million
– Growth driven by exports: revenue up 51.2% to EUR6.6 million
Berlin, 20 February 2013. Delignit AG, a subsidiary of the family-owned, medium-sized corporation MBB Industries AG (ISIN DE000A0ETBQ4), continued its positive business development in 2012 as a whole. According to its preliminary unaudited figures, the company recorded significant growth in both revenue and earnings. Revenue increased by 11.5% year-on-year, from EUR30.6 million to EUR34.1 million. Net profit for the year rose by 72.2%, from EUR0.7 million to EUR1.2 million, while EBIT increased by 72.6%, from EUR1.3 million to EUR2.2 million. EBITDA improved by 48.3%, from EUR2.1 million to EUR3.1 million. The earnings per share of Delignit AG amounted to EUR0.15 in the period under review after EUR0.09 in the previous year.
Exports developed particularly well in 2012. Reflecting its strategy of geographical expansion, Delignit AG increased its revenue in this area by 51.2%, from EUR4.4 million to EUR6.6 million. The product areas of interior fittings for light commercial vehicles, fittings for buildings and rail solutions enjoyed especially strong growth.
Delignit AG again improved its financial situation in the 2012 financial year, with net liabilities to banks decreasing from EUR1.9 million to EUR0.7 million. The equity ratio amounted to 49.5% at the end of 2012 compared with 41.9% at the end of 2011.
The new 2013 financial year has started with stable orders in a business environment that is characterised by sustained volatility.
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
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MBB Industries AG
Joachimstaler Strasse 34
10719 Berlin, Germany
Tel +49 30 844 15 330
Fax +49 30 844 15 333
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
End of Corporate News
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| 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 News | DGAP News-Service |
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| 201912 20.02.2013 |