Corporate | 13 July 2011 09:14
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MBB Industries AG / Key word(s): Miscellaneous
MBB Industries AG: Delignit AG wins well-known German trailer-producer as customer and exceeds its own expectations with a mid-term turnover of EUR14m Berlin, July 13, 2011 – Delignit AG (ISIN DE000A0MZ4B0) – a subsidiary of the holding company MBB Industries AG (ISIN DE000A0ETBQ4) – has closed a supplier-agreement with one of Germany's leading producers of trailers for heavy commercial vehicles. The Delignit-products supplied will feed into the producer's OEM productline and will add significantly to Delignit AG's turnover already in 2011. Apart from the superior technological characteristics of the CO 2 -neutral material, Delignit AG's certifications and experience from comparable system-partnerships for producers of light commercial vehicles proofed to be essential during the acquisition of the contract. Markus Büscher, CEO of Delignit AG, explains: 'We have continued to optimize our products for the use in heavy commercial vehicles during the past years. This recent order confirms our technological positioning. We appreciate this OEM-contract to further secure our intended growth path.' Similar to the market for light commercial vehicles, the market for heavy commercial vehicles and trailers is currently showing significant growth rates. Due to this pleasing business-development, Delignit AG can report a half-year turnover of roughly EUR14m based on preliminary figures and thus exceeds its own expectations. About MBB Industries AG: Since 1995, MBB Industries AG has maintained successful holdings in the form of medium-sized industrial companies with sustainable value growth potential. The business model is based on a three-pillar structure, comprising the acquisition of interests at favourable terms, subjecting them to value enhancing holding management, and releasing them in high-yield sales. Right from the start, MBB Industries AG has achieved above-average profitability, and continues to devote its efforts to attaining unusually high yields in the future. For further information about MBB Industries AG, please visit http://www.mbbindustries.com End of Corporate News 13.07.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. 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 | ||
| Deutschland | ||
| Phone: | +49 (0) 30 844 15 330 | |
| Fax: | +49 (0) 30 844 15 333 | |
| E-mail: | anfrage@mbbindustries.com | |
| Internet: | www.mbbindustries.com | |
| ISIN: | DE000A0ETBQ4 | |
| WKN: | A0ETBQ | |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart | |
| End of News | DGAP News-Service |
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| 131852 13.07.2011 |