Press release
MBB Industries AG: Earnings rise to EUR1.41 per share after first nine months of 2012
- Earnings improve by 272% to EUR9.1 million- Revenue growth of 90% to EUR151 million
- Outlook remains positive
Berlin, 6 November 2012 - MBB Industries AG (ISIN DE000A0ETBQ4), a family-owned, medium-sized corporation, has again enjoyed a dynamic business performance in the third quarter of 2012 and has significantly increased revenues and posted a strong improvement in earnings, according to provisional figures. Consolidated earnings improved by 272% to EUR9.1 million in the first nine months of 2012 after EUR2.5 million in the same period of the previous year. EBITDA rose by 190% to EUR17.3 million after EUR6.0 million in the first three quarters of 2011. EBIT increased by 348% as against the previous year's figure of EUR3.0 million to EUR13.6 million. Earnings per share after the first nine months therefore amounted to EUR1.41 after EUR0.37 previously. The highly positive business performance was driven by all holdings, and MBB Fertigungstechnik, which was acquired at the end of the first quarter of 2012, has been included in these figures pro rata. MBB Industries is assuming that its positive business performance will continue for 2012 as a whole and is still forecasting sales of more than EUR200 million.
Consolidated earnings amounted to EUR3.4 million in the third quarter of 2012, up 1,999% as against the same quarter of the previous year. EBITDA increased by 319% to EUR6.5 million while EBIT rose by 1,236% to EUR5.2 million. Earnings per share amounted to EUR0.52 for the third quarter of 2012.
The positive development in business resulted in a further increase in net cash and cash equivalents to EUR28.3 million as at the end of September 2012. This growth over 2012 was achieved in spite of the acquisition of MBB Fertigungstechnik and the dividend payment of around EUR2.8 million, corresponding to EUR0.44 per share. With its cash and cash equivalents of EUR51.5 million as at the end of September 2012, MBB Industries is also able to continue its expansion through acquisitions in addition to its internal business growth.
The full quarterly report will be available for download under Investor Relations at www.mbb.com from 30 November 2012.
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.mbb.com
MBB Industries AG
Joachimstaler Str. 34
10719 Berlin
Tel +49 30 844 15 330
Fax +49 30 844 15 333
anfrage@mbb.com
www.mbb.com
Managing Board with power of representation
Dr. Christof Nesemeier (Chairman), Gert-Maria Freimuth
Supervisory Board
Dr. Peter Niggemann (Chairman), Dr. Jan C. Heitmüller, Dr. Matthias
Rumpelhardt
Court of Registration
Berlin-Charlottenburg Local Court, registration number: HR 97470
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release MBB Industries AG: Earnings rise to EUR1.41 per share after first nine months of 2012 here
News-ID: 242522 • Views: …
More Releases from MBB Industries AG
MBB Industries AG achieves record revenues in third quarter and adapts year
Dissemination of an Ad hoc announcement according to § 15 WpHG
The issuer is solely responsible for the content of this announcement.
- Quarterly revenue exceeding EUR60 million for the first time - Nine months consolidated net profit rises to EUR9.8 million (eps EUR1.49) according to preliminary figures - Expected annual revenue adapted to EUR240 million
Berlin, 28 October 2014 - MBB Industries AG (ISIN DE000A0ETBQ4), a family-owned, medium-sized corporation focused on…
MBB Industries AG records year-on-year earnings growth in H1 2014
- Consolidated net profit of EUR6.6 million after EUR6.3 million previously
- Earnings per share improves to EUR1.01
- Full-year forecast confirmed
Berlin, 6 August 2014 - MBB Industries AG (ISIN DE000A0ETBQ4), a family-owned, medium-sized corporation, recorded year-on-year earnings growth in the first half of 2014 according to preliminary figures. Consolidated net profit improved by 4.8% to EUR6.6 million after EUR6.3 million in the first half of the previous…
MBB Industries AG successfully places treasury shares
Placement price of EUR24.65 per share
- Increase in equity, liquidity and free float
- Cash inflow to be used primarily for further acquisitions
Berlin, 27 March 2014 - Based on the authorisation in the resolution by the Annual General Meeting on 18 June 2012 in the version dated 17 June 2013, the Managing Board of MBB Industries AG, which is listed in the Prime Standard of the…
MBB Industries AG proposes dividend increase to 55 cents per share
MBB Industries AG proposes dividend increase to 55 cents per share
Provisional figures for 2013 confirmed
Berlin, 17 March 2014 - MBB Industries AG (ISIN DE000A0ETBQ4), a family-owned, medium-sized corporation confirms the provisional figures for 2013 previously reported. In the financial year just ended, record revenues and solid earnings level have been achieved. Accordingly an increased dividend of 55 cents per share is set to be proposed to the Annual General…
More Releases for EUR2
Insight of the Bio-methane market: What are the main applications and challenges …
The global bio-methane market is likely to expand considerably in the coming years due to the rising uptake of bio-methane as a transportation fuel. According to a report by Fortune Business Insights, titled "Bio-methane" Market Size, Share and Global Trend By Source (Agricultural waste, Municipal solid waste, Animal manure, Sewage sludge, Food waste), By Application (Automobile, Power Generation), By Technology (Fermentation, Gasification) and By Geography Forecast till 2026, the market…
Who are the key manufacturers in Biomethane Market? Top Players in Biomethane Ma …
The global bio-methane market is likely to expand considerably in the coming years due to the rising uptake of bio-methane as a transportation fuel. According to a report by Fortune Business Insights, titled "Bio-methane" Market Size, Share and Global Trend By Source (Agricultural waste, Municipal solid waste, Animal manure, Sewage sludge, Food waste), By Application (Automobile, Power Generation), By Technology (Fermentation, Gasification) and By Geography Forecast till 2026, the market…