Press release
MBB Industries AG Annual General Meeting resolves EUR0.44 dividend
- All agenda items resolved with over 99.89%- Positive business performance continues in Q2 2012
Berlin, 18 June 2012 - At MBB Industries AG (ISIN DE000A0ETBQ4), a family-owned, medium-sized corporation, the proposed dividend increase for the past financial year to EUR0.44 was resolved at the Annual General Meeting today. All other agenda items were also adopted with over 99.89% of the capital represented.
In the previous year, the dividend was EUR0.33. MBB Industries has thus distributed a dividend every year so far since its IPO in 2006. The higher dividend reflects the very positive business performance: in 2011, MBB had generated sales of approximately EUR110 million and net profit for the year of EUR3.3 million, equivalent to EUR0.51 per share.
MBB Industries' profitable growth course met with a positive response from the shareholders. With the acquisition of CLAAS Fertigungstechnik - now operating under the name MBB Fertigungstechnik - at the end of the first quarter of 2012, the company is growing to reach new dimensions. MBB Fertigungstechnik's figures have been consolidated since the second quarter. Following the positive sales and earnings performance in the first quarter of 2012, the strong business performance is also continuing in the current shareholdings. For the year as a whole, the Managing Board of MBB Industries expects sales to rise to over EUR200 million with an increase in earnings at least proportional to the previous year.
About MBB Industries AG:
MBB Industries AG is a family-owned, medium-sized corporation that has expanded steadily as a result of organic growth and the acquisition of other companies since it was founded in 1995. Achieving a long-term increase in the value of the individual companies and the Group as a whole forms the heart of its business model. This business model has been highly profitable since the outset - substantial growth and sustainable returns will remain MBB Industries AG's goal in future as well.
Further information on MBB Industries AG can be found on the Internet at
http://www.mbbindustries.com
MBB Industries AG
Joachimstaler Str. 34
10719 Berlin
Tel +49 30 844 15 330
Fax +49 30 844 15 333
anfrage@mbbindustries.com
www.mbbindustries.com
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