Press release
MBB Industries AG remains on growth track based on successful first Quarter 2013
- Revenue rise by 77% to EUR55.5 million- Adjusted consolidated earnings rise by 125% to EUR3.3 million
Berlin, 25 April 2013 - MBB Industries AG (ISIN DE000A0ETBQ4), a family-owned, medium-sized corporation, was able to seamlessly follow on from the successful 2012 results in the first quarter of 2013. First quarter revenues increased by 77% to EUR55.5 million from EUR31.4 million during the same period in 2012. Beside the good performance of all existing portfolio companies a major contribution came from MBB Fertigungstechnik which was acquired at the end of Q1 2012 and therefore not included in first quarter revenues 2012. Adjusted for extraordinary income from first consolidation of MBB Fertigungstechnik in Q1 2012 the operating income increased by 125% to EUR3.3 million following EUR1.5 million in 2012. Including this extraordinary income from last year's first-time consolidation the group's earnings would have been EUR3.2 million for Q1 2012. Earnings per share improved to EUR0.51 after EUR0.49 in the first quarter 2012.
The equity position gained an all-time high of more than EUR60 million with an improved ratio of 37% compared to 33% end of Q1 2012.
Net liquidity amounts to EUR54.3 million end of first quarter 2013 following EUR45.2 million end of fiscal year 2012. With this position MBB Industries remains very comfortable in supporting planned organic growth of the existing portfolio as well as funding acquisitions for further growth. Hence, MBB Industries is very optimistic regarding the prospects of its business.
The report for the first quarter 2013 will be published on 31 Mai 2013 at www.mbb.com.
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 lies at the heart of its business model. This business model has been highly profitable since the outset - and substantial growth and sustainable returns will remain MBB Industries AG's goal in future.
Further information on MBB Industries AG can be found on the Internet at http://www.mbb.com
MBB Industries AG
Joachimstaler Straße 34
10719 Berlin
Germany
Tel. +49 30 844 15 330
Fax +49 30 844 15 333
anfrage@mbb.com
www.mbb.com
Managing Board
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
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