Ad-hoc | 5 May 2017 07:50

MBB SE increases revenue by 25% to EUR98.2 million and eps by 38% to EUR0.77 compared to first quarter of the prior year

MBB SE / Key word(s): Quarter Results/Quarter Results

05-May-2017 / 07:50 CET/CEST
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Disclosure of an inside information acc. to Article 17 MAR

MBB SE increases revenue by 25% to EUR98.2 million and eps by 38% to EUR0.77 compared to first quarter of the prior year

Berlin, 5 May 2017 – MBB SE (ISIN DE000A0ETBQ4), a medium-sized family business, generated record revenue of EUR98.2 million in the first quarter of 2017 compared to EUR78.2 million in the first quarter of the prior year, according to preliminary figures. This corresponds to a growth in revenues of 25.4%. EBITDA increased by 38.0% to EUR10.8 million (previous year: EUR7.8 million). Consolidated earnings for the first three months of 2017 amounted to EUR5.1 million which also significantly exceeds the previous year with EUR3.7 million. Earnings per share were at EUR0.77 after EUR0.56 in the previous year corresponding to an increase by 37.5%. In the course of the IPO of MBB subsidiary Aumann AG on 24 March 2017, MBB SE reduced its shareholding from 93.5% to 53.6%. Accordingly, in the coming quarters a higher share of earnings will be attributable to minorities.

The very good quarterly results reflect the sustainable organic growth across all subsidiaries of MBB Group and underpin the management forecast for 2017 with revenues of EUR390 million and earnings on the level of the previous year despite the partial disposal of the participation in Aumann AG.

Particularly due to the IPO, group liquidity at the end of the first quarter increased to EUR272.0 million (end of 2016: EUR77.4 million) and net cash increased to EUR213.2 million (end of 2016: EUR22.2 million). In management’s view, this is an excellent condition for further growth, both organically and through acquisitions. Moreover, the liquidity situation allows supervisory board and management to propose an again increased dividend of EUR0.61 per share or EUR4.0 million (previous year EUR0.59 per share of EUR3.9 million) next to a special dividend in the same amount at the Annual General Meeting to be held on 28 June 2017.

The quarterly financial report for the first three months 2017 will be published at www.mbb.com at 31 May 2017.

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

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MBB SE
Joachimsthaler Straße 34
10719 Berlin
Tel +49 30 844 15 330
Fax +49 30 844 15 333
request@mbb.com
www.mbb.com

Listed: Regulated Market in Frankfurt (Prime Standard)

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

05-May-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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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:	anfrage@mbb.com
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 Announcement DGAP News Service