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MBB SE Interim / Quarterly Report 2026
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Interim / Quarterly Report
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MBB
INTERIM STATEMENT
31 MARCH 2026
MBB SE, Berlin
MBB in figures
MBB in figures
| Three months
(unaudited) | 2026 | 2025 | Δ 2026
/ 2025 |
| --- | --- | --- | --- |
| Earnings figures (adjusted) | €k | €k | % |
| Revenue | 237,491 | 260,049 | -8.7 |
| Operating performance | 236,351 | 259,021 | -8.8 |
| Total performance | 248,027 | 265,231 | -6.5 |
| Cost of materials | -102,715 | -137,783 | -25.5 |
| Personnel expenses | -77,498 | -75,280 | 2.9 |
| EBITDA | 41,894 | 29,884 | 40.2 |
| EBITDA margin | 17.7 % | 11.5 % | |
| EBIT | 27,479 | 18,177 | 51.2 |
| EBIT margin | 11.6 % | 7.0 % | |
| EBT | 26,949 | 18,427 | 46.3 |
| EBT margin | 11.4 % | 7.1 % | |
| Consolidated net profit after non-controlling interests | 7,745 | 5,542 | 39.8 |
| eps in € | 1.46 | 1.03 | 41.7 |
| Average number of shares in circulation (in thousand) | 5,305 | 5,380 | |
| Earnings figures (IFRS) | €k | €k | % |
| EBITDA | 41,894 | 29,720 | 41.0 |
| Consolidated net profit after non-controlling interests | 7,718 | 5,435 | 42.0 |
| eps in € | 1.45 | 1.01 | |
| Figures from the statement of financial position (IFRS) | 31 Mar | 31 Dec | |
| | €k | €k | % |
| Non-current assets | 512,848 | 523,893 | -2.1 |
| Current assets | 951,396 | 896,820 | 6.1 |
| thereof liquid funds* | 825,100 | 821,381 | 0.5 |
| Issued capital (share capital) | 5,244 | 5,316 | -1.4 |
| Other equity | 1,003,935 | 943,144 | 6.4 |
| Total equity | 1,009,178 | 948,461 | 6.4 |
| Equity ratio | 68.9 % | 66.8 % | |
| Non-current liabilities | 155,203 | 148,067 | 4.8 |
| Current liabilities | 299,863 | 324,185 | -7.5 |
| Total assets | 1,464,244 | 1,420,713 | 3.1 |
| Net cash (+) or net debt (-) ** | 766,156 | 763,765 | 0.3 |
| Employees (as of closing date) | 4,211 | 4,146 | 1.6 |
- For a detailed account of the adjustments, please refer to the information provided in the section on results of operations, financial position and net assets.
** This figure includes the value of physical gold stocks and securities.
Percentages and figures in this report may be subject to rounding differences.
Business development, result of operations, financial position and net assets
Business Development
MBB's consolidated revenue fell by 8.7% to €237.5 million in the first three months of the financial year (previous year: €260.0 million). During the same period, adjusted EBITDA increased by 40.2% from €29.9 million to €41.9 million. The adjusted EBITDA margin reached 17.7%, significantly exceeding the prior-year figure of 11.5%. Adjusted earnings per share amounted to €1.46, well above the prior-year level (prior year: €1.03).
Friedrich Vorwerk increased its revenue in the first three months by 4.6% compared to the same period last year, to €139.2 million. The segment recorded a significant increase in profitability and was able to significantly raise its EBITDA margin in the first three months from 13.7% in the prior year to 22.8%. This was mainly attributable to a change in the project mix, which led to a significantly lower cost of materials ratio, a higher share of earnings from consortiums (ARGE), and a positive one-time gain of €1.7 million from the sale of a property.
Friedrich Vorwerk's order intake in the first three months of the financial year amounted to €201.9 million (previous year: €81.6 million) and reflects the Group's in-house contribution to major projects carried out in consortiums (ARGE) as well as the order volumes from its own projects. The total project volume secured, which also includes the proportionate ARGE contract volumes, increased from €129.3 million in the previous year by approximately 50% to €195.6 million. The order backlog as of 31 March 2026, stands at €1,074.3 million (31 December 2025: €1,021.4 million), remaining at a very high level and thus forming a solid foundation for continued revenue and earnings growth. For the 2026 financial year, Friedrich Vorwerk continues to expect consolidated revenue of €730 to €780 million and EBITDA of €160 to €180 million.
Aumann reported a 38.4% decline in revenue to €37.3 million in the first three months (previous year: €60.5 million). The segment's EBITDA fell by 40.3% to €4.0 million (previous year: €6.7 million), whereas the adjusted EBITDA margin, of 10.7%, is only slightly below the previous year's level (previous year: 11.1%). The market environment in the automotive industry continues to be characterised by noticeable investment restraint. In the first three months, both order intake at €34.4 million and the order backlog of €119.5 million were significantly below the prior-year level. While further optimising its cost structure, Aumann is accelerating diversification in the Next Automation division, which focuses on strategic growth markets such as clean tech, aerospace, and life sciences. The goal remains to tap into additional growth potential outside the traditional automotive market and to further strengthen its market position over the long term. For the 2026 financial year, Aumann expects consolidated revenue of approximately €160 million with an EBITDA margin of 6 to 8%.
DTS recorded a 25.2% decline in revenue to €19.6 million in the first quarter (previous year: €26.1 million). The main reasons were project delays due to supply bottlenecks in the semiconductor sector and economic uncertainty stemming from the Iran conflict. Profitability, on the other hand, developed very positively due to successful efficiency measures and a favourable product mix, enabling the EBITDA margin to increase significantly to 17.2% (previous year: 14.7%).
In a challenging market environment, Delignit recorded a 4.0% increase in revenue to €18.1 million in the first three months of 2026. The EBITDA margin remained almost stable at 6.4% (previous year: 6.7%). For the 2026 financial year, Delignit continues to expect revenue of approximately €66 million with an EBITDA margin of 7 to 8%.
In the first three months, MBB SE reduced its shareholding in Friedrich Vorwerk Group SE by 897,190 shares, bringing its ownership stake in the company to 39.78% as of the balance sheet date (31 December 2025: 44.26%). MBB SE also purchased 20,000 shares of Delignit AG by 31 March 2026, bringing its stake in the company to 56.31% from 56.11%.
As part of the share buyback program approved on 9 December 2025, MBB repurchased 72,616 of its own shares on the stock exchange in the first quarter at an average price of €205.39 (excluding incidental acquisition costs) and for a total value of €14,914,314.30. The share buyback program ends on 22 May 2026. The number of treasury shares stood at 192,634 as of the end of the first quarter.
Business development, result of operations, financial position and net assets
Page 3
Results of operations, financial position and net assets
The MBB Group's net assets, financial position and results of operations remain strong particularly in terms of profitability and considering the current volatile overall economic developments. At €237.5 million, consolidated revenue after three months of the financial year 2026 is 8.7% below last year's level (previous year: €260.0 million).
Revenue by quarter in millions of €
Income from joint ventures and associates total €4.1 million (previous year: €1.5 million) and relate to consortiums of Friedrich Vorwerk. Other operating income of €7.6 million (previous year: €4.7 million) includes income from securities of €1.8 million, income from the offsetting of remuneration in kind of €1.0 million, income from capitalised own work of €0.7 million, income from release of provisions of €0.5 million, income from rent and lease of €0.4 million and other income of €3.2 million. Own work capitalised mainly relates to self-constructed property, plant, and equipment at Friedrich Vorwerk and to capitalisation of development costs at Aumann.
Cost of materials decreased by 25.5% to €102.7 million. Adjusted personnel expenses increased by 2.9% to €77.5 million especially due to the increase in the number of employees to 4,211 (31 December 2025: 4,146 employees) and higher labour costs.
Other operating expenses amount to €25.9 million (previous year: €22.3 million) in the first three months. They include maintenance and repair expenses, rental expenses from short-term leases, legal and consulting fees, advertising expenses, insurance premiums, exchange rate losses as well as travel expenses and other external services.
Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) increased by 40.2% to €41.9 million (previous year: €29.9 million) after three months of the financial year 2026. Adjusted EBITDA margin amounts to 17.7% (previous year: 11.5%). In the first three months of previous year, adjusted personnel expenses of €0.2 million were incurred in connection with Aumann AG's stock option program.
EBITDA (adj.) by quarter in millions of €
Adjusted depreciation and amortisation increased by 23.1% year-on-year to €14.4 million after three months of the financial year 2026 (previous year: €11.7 million). Adjustments relate to the depreciation and amortisation of assets amounting to €0.1 million capitalised as part of purchase price allocations (previous year: €0.1 million).
This resulted in an adjusted EBIT (earnings before interest and taxes) of €27.5 million (previous year: €18.2 million).
Outlook
Page 4
Taking into account the financial result of €-0.5 million (previous year: €0.2 million), adjusted earnings before taxes (EBT) amounted to €26.9 million (previous year: €18.4 million).
The reported adjusted tax expense for the financial year amounts to €8.8 million (previous year: €6.4 million) and is mainly attributable to current and deferred taxes. The adjustment of the tax expense corresponds to the adjustments explained above. The share of minority shareholders in net profit after tax amounts to €10.4 million (previous year: €6.5 million).
The adjusted consolidated net income after minority interests amounts to €7.7 million (previous year: €5.5 million) or €1.46 per share (previous year: €1.03 per share) in the first three months.
Consolidated equity amounted to €1,009.2 million as of 31 March 2026 (31 December 2025: €948.5 million) and thus over one billion € for the first time in MBB history. In relation to the consolidated total assets of €1,464.2 million (31 December 2025: €1,420.7 million), the equity ratio increased to 68.9% compared to 66.8% as of 31 December 2025. The increase in consolidated equity in the first three months is mainly due to the sale of shares in subsidiaries of €87.0 million and to earnings after taxes of €18.1 million generated according to IFRS. From those, €7.7 million is attributable to shareholders of MBB SE and €10.4 million is attributable to Non-controlling interests. This was partly offset by the acquisition of own shares by MBB SE (€-14.9 million), the acquisition of shares in subsidiaries of €-10.0 million and the fair value measurement of equities (€-18.1 million) and the fair value measurement of gold and bonds presented in other comprehensive income (€-1.2 million).
As of 31 March 2026 the MBB Group had liquid funds (including securities and physical gold holdings) of €825.1 million (31 December 2025: €821.4 million), of which €417.1 million were attributable to MBB SE (31 December 2025: €375.1 million). After deducting the Group's financial debt of €58.9 million (31 December 2025: €57.6 million), the MBB Group's net cash position amounts to €766.2 million, compared to €763.8 million as of 31 December 2025. Of this amount, €415.6 million are attributable to MBB SE (31 December 2025: €373.6 million).
The increase in net cash is partly due to proceeds from the stake reduction in subsidiaries (€87.0 million). This was partly offset by a negative cash flow from operating activities of €-17.0 million, net investments in property, plant and equipment and intangible assets (€-21.5 million), the acquisition of shares in subsidiaries of €-10.0 million and the acquisition of treasury shares by MBB SE (€-14.9 million). Also non-cash effects had an impact on net cash, particular the measurement of gold and securities at fair value presented in other comprehensive income (€-19.2 million) and the conclusion of new leases and the associated increase in lease liabilities (€-0.9 million).
In the first three months 2026, investments were made in equities totalling €26.3 million and bonds amounting to €61.4 million. This was offset by proceeds from sales of equities amounting to €35.4 million and bonds totalling €9.1 million. In the consolidated cash flow statement, these effects are recognised in cash flow from investing activities.
Events after the end of the reporting period
On 13 April 2026, MBB resolved to adjust the share buyback programme 2025 announced on 9 December 2025 and commenced on 11 December 2025. The maximum buyback volume was increased from €22.0 million to €25.0 million and the term of the share buyback program was extended until 22 May 2026 (originally limited to 14 April 2026).
Outlook
The Executive Management of MBB continues to expect consolidated revenue between €1.1 and €1.2 billion for the financial year 2026 with an adjusted EBITDA margin of between 15% and 18%.
Berlin, 12 May 2026
The Executive Management of MBB SE
IFRS interim consolidated financial statements
Page 5
IFRS interim consolidated financial statements
Percentages and figures in this report may be subject to rounding differences.
| IFRS consolidated statement of profit or loss | 1 Jan - 31 Mar | 1 Jan - 31 Mar |
|---|---|---|
| 2026 | 2025 | |
| (unaudited) | £k | £k |
| Revenue | 237,491 | 260,049 |
| Increase (+) or decrease (-) in finished goods and work in progress | -1,140 | -1,028 |
| Operating performance | 236,351 | 259,021 |
| Income from joint ventures and associates | 4,076 | 1,515 |
| Other operating income | 7,599 | 4,695 |
| Total performance | 248,027 | 265,231 |
| Cost of raw materials and supplies | -44,848 | -73,186 |
| Cost of purchased services | -57,866 | -64,597 |
| Cost of materials | -102,715 | -137,783 |
| Wages and salaries | -61,291 | -58,944 |
| Social security and pension costs | -16,207 | -16,500 |
| Personnel expenses | -77,498 | -75,444 |
| Other operating expenses | -25,921 | -22,285 |
| Earnings before interest, taxes, depreciation and amortisation (E-BITDA) | 41,894 | 29,720 |
| Depreciation and amortisation expense | -14,511 | -11,851 |
| Earnings before interest and taxes (EBIT) | 27,383 | 17,868 |
| Finance income | 2,091 | 1,936 |
| Finance costs | -849 | -856 |
| Earnings attributable to non-controlling interests | -1,765 | -821 |
| Net finance costs | -523 | 259 |
| Earnings before taxes (EBT) | 26,860 | 18,127 |
| Income tax expense | -8,428 | -6,023 |
| Other taxes | -315 | -279 |
| Earnings after taxes | 18,117 | 11,825 |
| thereof attributable to: | ||
| - Shareholders of MBB SE | 7,718 | 5,435 |
| - Non-controlling interests | 10,399 | 6,389 |
| Basic earnings per share (in €) | 1.45 | 1.01 |
| Diluted earnings per share (in €) | 1.45 | 1.01 |
IFRS interim consolidated financial statements
Page 6
| IFRS consolidated statement of comprehensive income | 1 Jan - 31 Mar
2026 | 1 Jan - 31 Mar
2025 |
| --- | --- | --- |
| (unaudited) | £k | £k |
| Earnings after taxes | 18,117 | 11,825 |
| Items that may be subsequently reclassified to profit and loss | | |
| Fair value changes bonds and gold | -1,199 | 1,263 |
| Currency translation differences | -356 | 476 |
| Reclassifications to profit or loss (debt instruments) | 2 | -104 |
| Items that may not be subsequently reclassified to profit and loss | | |
| Fair value changes equities | -18,051 | -12,816 |
| thereof deferred taxes | 199 | 0 |
| Other comprehensive income after taxes | -19,404 | -11,182 |
| Comprehensive income for the reporting period | -1,287 | 643 |
| thereof attributable to: | | |
| - Shareholders of the parent company | -11,372 | -5,600 |
| - Non-controlling interests | 10,084 | 6,243 |
IFRS interim consolidated financial statements
Page 7
| Statement of financial position | 31 Mar 2026
unaudited | 31 Dec 2025
audited |
| --- | --- | --- |
| Assets (IFRS) | £k | £k |
| Non-current assets | | |
| Concessions, industrial property rights and similar rights | 22,121 | 22,666 |
| Goodwill | 48,899 | 48,899 |
| Intangible assets | 71,020 | 71,565 |
| Land and buildings including buildings on third-party land | 110,728 | 110,874 |
| Technical equipment and machinery | 97,828 | 92,275 |
| Other equipment, operating and office equipment | 57,751 | 55,936 |
| Advance payments and assets under development | 8,101 | 4,044 |
| Property, plant and equipment | 274,407 | 263,128 |
| Joint ventures and associates | 31,951 | 27,613 |
| Other participations | 1 | 1 |
| Long-term securities | 121,745 | 149,059 |
| Other loans | 290 | 304 |
| Financial assets | 153,987 | 176,976 |
| Deferred tax assets | 13,434 | 12,224 |
| | 512,848 | 523,893 |
| Current assets | | |
| Raw materials and supplies | 26,812 | 22,397 |
| Work in progress | 8,534 | 8,022 |
| Finished goods and commodities | 10,042 | 11,050 |
| Advance payments | 8,383 | 8,247 |
| Inventories | 53,771 | 49,716 |
| Trade receivables | 69,096 | 65,088 |
| Contract assets | 101,431 | 85,575 |
| Income tax receivables | 10,516 | 11,058 |
| Other current assets | 15,410 | 14,363 |
| Trade receivables and other current assets | 196,453 | 176,085 |
| Gold | 10,272 | 9,302 |
| Securities | 202,011 | 151,899 |
| Derivative financial instruments | 289 | 17 |
| Financial assets | 212,572 | 161,218 |
| Cash on hand | 33 | 53 |
| Bank balances | 488,568 | 509,748 |
| Cash on hand and bank balances | 488,600 | 509,802 |
| | 951,396 | 896,820 |
| Total assets | 1,464,244 | 1,420,713 |
IFRS interim consolidated financial statements
Page 8
| Statement of financial position | 31 Mar 2026
unaudited
€k | 31 Dec 2025
audited
€k |
| --- | --- | --- |
| Equity and liabilities (IFRS) | | |
| Equity | | |
| Issued capital | 5,244 | 5,316 |
| Capital reserve | 407,604 | 422,450 |
| Legal reserve | 61 | 61 |
| Retained earnings and other comprehensive income | 285,173 | 233,026 |
| Non-controlling interests | 311,096 | 287,608 |
| | 1,009,178 | 948,461 |
| Non-current liabilities | | |
| Liabilities to banks | 19,782 | 21,255 |
| Lease liabilities | 17,249 | 16,022 |
| Liabilities from participation rights | 10,213 | 10,213 |
| Contract liabilities | 809 | 835 |
| Liabilities to non-controlling interests | 13,611 | 11,846 |
| Other liabilities | 703 | 1,137 |
| Pension provisions | 17,731 | 17,985 |
| Other provisions | 754 | 797 |
| Deferred tax liabilities | 74,350 | 67,976 |
| | 155,203 | 148,067 |
| Current liabilities | | |
| Liabilities to banks | 14,208 | 11,272 |
| Lease liabilities | 7,705 | 9,067 |
| Trade payables | 44,268 | 44,748 |
| Contract liabilities | 85,129 | 103,181 |
| Liabilities to non-controlling interests | 3,921 | 3,712 |
| Other liabilities | 47,079 | 54,883 |
| Accruals | 48,891 | 49,529 |
| Income tax liabilities | 21,157 | 22,296 |
| Other provisions | 27,505 | 25,499 |
| | 299,863 | 324,185 |
| Total equity and liabilities | 1,464,244 | 1,420,713 |
IFRS interim consolidated financial statements
Page 9
| Consolidated statement of cash flows
(unaudited) | 1 Jan - 31 Mar
2026
£k | 1 Jan - 31 Mar
2025
£k |
| --- | --- | --- |
| Earnings before interest and taxes (EBIT) | 27,383 | 17,868 |
| Depreciation and amortisation expense | 14,511 | 11,851 |
| Increase (+), decrease (-) in provisions | 1,710 | 4,928 |
| Gains (-), Losses (+) from disposal of non-current assets | -1,568 | 14 |
| Income from joint ventures and associates | -4,076 | -1,515 |
| Other non-cash expenses and income | -649 | 1,291 |
| Adjustments for non-cash transactions | 9,928 | 16,568 |
| Increase (-), decrease (+) in inventories, receivables and other assets | -24,076 | -46,444 |
| Decrease (-), increase (+) in trade payables and other liabilities | -27,101 | -36,804 |
| Change in working capital | -51,177 | -83,249 |
| Income taxes paid | -3,672 | -2,982 |
| Other taxes paid | -315 | -279 |
| Interest received | 1,623 | 2,687 |
| Dividend proceeds from joint ventures and associates | 0 | 84 |
| Reclassification to interest received and to cash flow from investing activities | -735 | -662 |
| Cash flow from operating activities | -16,966 | -49,965 |
| Investments (-), divestments (+) of intangible assets | -2,026 | -2,774 |
| Investments (-), divestments (+) of property, plant and equipment | -19,515 | -11,362 |
| Investments in long-term financial assets and securities | -87,698 | -48,273 |
| Proceeds from long-term financial assets and securities | 44,489 | 42,798 |
| Cash flow from investing activities | -64,750 | -19,611 |
| Payments to non-controlling interests | 0 | -56 |
| Purchase of own shares | -14,918 | -7,263 |
| Proceeds from disposal of shares without change of control | 86,953 | 0 |
| Payments for shares without change of control | -10,030 | -964 |
| Proceeds from borrowings | 5,398 | 7,296 |
| Repayments of loans | -3,784 | -7,561 |
| Payments for lease liabilities | -2,482 | -2,089 |
| Interest payments | -850 | -852 |
| Cash flow from financing activities | 60,286 | -11,489 |
| Change in cash and cash equivalents (Subtotal 1-3) | -21,429 | -81,065 |
| Effects of changes in foreign exchange rates (non-cash) | 228 | -697 |
| Cash and cash equivalents at beginning of period | 509,802 | 390,149 |
| Cash and cash equivalents at end of period | 488,600 | 308,387 |
| Composition of cash and cash equivalents | | |
| Cash on hand | 33 | 41 |
| Bank balances | 488,568 | 308,346 |
| Reconciliation to liquid funds as of 31 March | 2026 | 2025 |
| Cash and cash equivalents at end of period | 488,600 | 308,387 |
| Gold | 10,272 | 7,425 |
| Securities | 323,756 | 211,773 |
| Interest receivables from bonds* | 2,472 | 0 |
| Liquid funds as of 31 March | 825,100 | 527,585 |
- In the previous year, interest receivables from bonds were not yet included in liquid funds.
IFRS interim consolidated financial statements
Page 10
| Segment reporting
(unaudited) | 2026 | 2025 | Δ 2026 / 2025 | | |
| --- | --- | --- | --- | --- | --- |
| | | £k | £k | £k | in % |
| Friedrich Vorwerk | Revenue | 139,167 | 133,040 | 6,127 | 4.6% |
| | Cost of materials | -51,634 | -64,631 | 12,996 | -20.1% |
| | Personnel expenses | -45,163 | -40,435 | -4,728 | 11.7% |
| | EBITDA margin (adjusted) | 31,762 | 18,179 | 13,583 | 74.7% |
| | EBITDA (adjusted) | 22.8% | 13.7% | | |
| Aumann | Revenue | 37,273 | 60,511 | -23,238 | -38.4% |
| | Cost of materials | -16,302 | -32,636 | 16,335 | -50.1% |
| | Personnel expenses | -16,517 | -19,308 | 2,791 | -14.5% |
| | EBITDA (adjusted) | 4,026 | 6,748 | -2,722 | -40.3% |
| | EBITDA margin (adjusted) | 10.7% | 11.1% | | |
| DTS | Revenue | 19,550 | 26,137 | -6,586 | -25.2% |
| | Cost of materials | -9,195 | -15,083 | 5,888 | -39.0% |
| | Personnel expenses | -6,277 | -6,645 | 368 | -5.5% |
| | EBITDA (adjusted) | 3,365 | 3,838 | -473 | -12.3% |
| | EBITDA margin (adjusted) | 17.2% | 14.7% | | |
| Delignit | Revenue | 18,140 | 17,443 | 697 | 4.0% |
| | Cost of materials | -9,894 | -10,376 | 483 | -4.7% |
| | Personnel expenses | -5,115 | -4,664 | -451 | 9.7% |
| | EBITDA (adjusted) | 1,120 | 1,197 | -77 | -6.4% |
| | EBITDA margin (adjusted) | 6.4% | 6.7% | | |
| All other segments | Revenue | 23,611 | 23,081 | 530 | 2.3% |
| | EBITDA (adjusted) | 1,357 | 1,256 | 101 | 8.0% |
| | EBITDA margin (adjusted) | 6.0% | 5.8% | | |
| Reconciliation | Friedrich Vorwerk | 0 | 0 | | |
| | Aumann | 0 | -10 | | |
| | DTS | -238 | -118 | | |
| | Delignit | 0 | 0 | | |
| | All other segments | -12 | -35 | | |
| | Revenue intersegment | -250 | -162 | | |
| | EBITDA (adjusted) Holding and Consolidation | 264 | -1,334 | | |
| Group | Third party revenue Friedrich Vorwerk | 139,167 | 133,040 | 6,127 | 4.6% |
| | Third party revenue Aumann | 37,273 | 60,501 | -23,228 | -38.4% |
| | Third party revenue DTS | 19,312 | 26,019 | -6,707 | -25.8% |
| | Third party revenue Delignit | 18,140 | 17,443 | 697 | 4.0% |
| | Third party revenue All other segments | 23,599 | 23,046 | 552 | 2.4% |
| | Revenue | 237,491 | 260,049 | -22,558 | -8.7% |
| | EBITDA (adjusted) | 41,894 | 29,884 | 12,010 | 40.2% |
| | EBITDA margin (adjusted) | 17.7% | 11.5% | | |
Financial calendar
Page 11
Financial calendar
Annual General Meeting 2026
3 June 2026
Half-year report
13 August 2026
Quarterly report Q3
12 November 2026
End of financial year
31 December 2026
This document is an English translation of the original report written in German. In the event of discrepancies, the authoritative German version of the document shall take precedence.
Both language versions are available on the Internet at
https://www.mbb.com/en/investor-relations/financial-reports.html
Please subscribe to our MBB newsletter at www.mbb.com/newsletter.
Contact
Page 12
Contact
MBB SE
Kurfürstendamm 188
10707 Berlin
Tel.: +49 30 844 15 330
Fax.: +49 30 844 15 333
www.mbb.com
[email protected]
Imprint
MBB SE
Kurfürstendamm 188
10707 Berlin
MBB.COM