MBB SE
MBB SE increases revenue to EUR193.9 million and eps to EUR1.26 in the first half of the year
DGAP-News: MBB SE / Key word(s): Half Year Results/Preliminary Results MBB SE increases revenue to EUR193.9 million and eps to EUR1.26 in the first half of the year Berlin, 7 August 2017 – MBB SE (ISIN DE000A0ETBQ4), a medium-sized family business, has generated record revenue of EUR193.9 million in the first half of 2017 after EUR159.4 million in the first half of the previous year, according to preliminary figures. This corresponds to a revenue growth of 21.7%. EBITDA increased by 34.9% from EUR15.6 million to EUR21.0 million. Despite the IPO of Aumann AG and the related increase in minority results, net income of the first half of the previous year of EUR7.2 million has been significantly exceeded with EUR8.3 million as well. Accordingly, earnings per share amount to EUR1.26 after EUR1.09 in the first six months of the previous year. Revenue of the second quarter 2017 amounted to EUR95.8 million. This corresponds to an increase of 18.0% compared to revenue of the second quarter 2016 (EUR81.1 million). EBITDA of the second quarter was at EUR10.2 million and was increased by 31.7% compared to the second quarter 2016 (EUR7.8 million). Due to the IPO of Aumann AG and the related increase in minority results, earnings per share decreased by 7.5% from EUR0.53 in the second quarter of the previous year to EUR0.49 in the second quarter 2017. Particularly due to the Aumann IPO, equity as of 30 June 2017 increased to EUR297.9 million (equity ratio of 60.7%) after EUR98.4 million (equity ratio 36.9%) at the end of 2016. Over the same period, net cash increased from EUR22.2 million as of 31 December 2016 to EUR189.8 million as of 30 June 2017. Despite substantial investments in organic growth, a growth-related increase in working capital and the dividend of EUR8.0 million paid out at 3 July 2017, MBB has a large financial leeway for further investments in organic growth and the purchase of new companies. From the view of management, the good development of all subsidiaries of MBB Group underpins the forecast of revenue of EUR390 million and earnings per share of at least EUR2.16 for the financial year 2017. The half-year financial report for 2017 will be published at www.mbb.com at 31 August 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 — MBB SE Listed: Regulated Market in Frankfurt (Prime Standard) Executive Management Court of Registration
07.08.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
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 |
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