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MBB SE Earnings Release 2016

Aug 18, 2016

279_rns_2016-08-18_d7584456-0e00-4f66-9a27-444398114d21.html

Earnings Release

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News Details

Corporate | 18 August 2016 09:50

MBB subsidiary Delignit AG with significant increase in revenue and earnings in first half year of 2016

DGAP-News: MBB SE / Key word(s): Half Year Results

2016-08-18 / 09:50

The issuer is solely responsible for the content of this announcement.


Delignit AG with significant increase in revenue and earnings in first half year of 2016

– Revenue climbs to EUR24.4 million, up 6.4 percent

– Consolidated net profits increase by 9.9 percent to EUR0.7 million

– Management predicts new record revenue for 2016

Berlin, 18 August 2016. Delignit AG, a subsidiary of MBB SE (ISIN DE000A0ETBQ4) and leading manufacturer of ecological, hardwood-based products and system solutions, has further increased revenue and consolidated net profits during the first half of 2016. Revenue climbed to a record EUR24.4 million, equalling a 6.4 percent increase over previous year’s EUR22.9 million. Earnings before interest, tax, amortisation and depreciation (EBITDA) almost reach the previous year’s level of EUR1.8 million at EUR1.7 million for the first six months of this year. Consolidated net profits were EUR0.70 million, an increase of 9.9 percent from previous year’s EUR0.64 million. End of June 2016’s equity ratio was a solid 45.2 percent.

Various product innovations of recent years have contributed to the pleasing business development both in the area of railway solutions within the section of Technological Applications and – in line with the strategy of “more revenue per vehicle” – within the Automotive section. In order to increase capacity for the expected revenue growth, Delignit AG has started an investment programme, the basis of which has been laid during the first half of 2016, already.

Management expects a continuation of the positive business development and predicts a new record level of revenue for financial year 2016.

The half year report will be published on www.delignit.com on 19 August in the investor relations menu at www.delignit.com.

About MBB SE:

MBB SE is a medium-sized family business that has expanded steadily since it was founded in 1995 through organic growth and the acquisition of companies. Increasing long-term value of the independent subsidiaries and the Group as a whole is the heart of its business model which has been highly profitable from the outset. Substantial growth and sustainable returns will remain MBB SE’s goal in future as well.

Further information on MBB SE can be found at www.mbb.com

MBB SE

Joachimsthaler Straße 34

10719 Berlin

Tel +49 30 844 15 330

Fax +49 30 844 15 333

[email protected]

www.mbb.com

Executive Management

Dr Christof Nesemeier (CEO)

Anton Breitkopf

Dr Gerrit Karalus

Klaus Seidel

Chairman of the Board

Gert-Maria Freimuth

Court of Registration

Berlin-Charlottenburg Local Court, registration number: HRB 165458


2016-08-18 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.dgap.de


Language: English
Company: MBB SE
Joachimsthaler 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.mbb.com
ISIN: DE000A0ETBQ4
WKN: A0ETBQ
Indices: PXAP
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
End of News DGAP News Service

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