Press release
MBB Industries AG: Annual General Meeting approves all proposed resolutions
- Dividend increase to EUR0.50 per share resolved- Gert-Maria Freimuth elected as Chairman of the Supervisory Board
Berlin, 19 June 2013 - The Annual Meeting of MBB Industries AG (ISIN DE000A0ETBQ4), a family owned, medium-sized corporation, approved all items on its agenda with a majority of more than 98%. 81.63% of the voting capital was represented at the annual meeting. As proposed by the management, the dividend for the 2012 financial year increases to EUR0.50 after a distribution of EUR0.44 per share in the previous year. The shareholders will therefore participate in the excellent business performance of 2012. MBB Industries AG sets new records for revenues and earnings in 2012. Consolidated revenues improved by 87% to EUR204.9 million, while the consolidated net profit for the year climbed by 303% to EUR13.4 million.
Current business performance is also well underway, with the result that MBB Industries AG is still forecasting further growth in revenue in 2013 combined with a satisfying earnings level.
The Annual General Meeting also elected the co-founder of MBB Industries and former Managing Board member Gert-Maria Freimuth to the Supervisory Board. Dr. Christof Nesemeier will act as CEO and sole member of the Managing Board, supported by the proven Management team of Anton Breitkopf, Dr. Gerrit Karalus and Klaus Seidel. The meeting of the Supervisory Board following the Annual General Meeting elected Gert-Maria Freimuth as the Chairman of the Supervisory Board. Thereby, MBB Industries AG can continue to rely on
Gert-Maria Freimuth's expertise. Both, the CEO position and Supervisory Board are now controlled by one of the founders of the company. The other members of the Supervisory Board are Dr. Peter Niggemann, the Deputy Chairman, and Dr. Matthias Rumpelhardt.
About MBB Industries AG:
MBB Industries 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 hole lies in the heart of its business model. The business model has been highly profitable from the outset - substantial growth and sustainable returns will remain MBB Industries AG's goal in the future.
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
Dr. Christof Nesemeier
Supervisory Board
Gert-Maria Freimuth (Chairman), Dr. Peter Niggemann, Dr. Matthias Rumpelhardt
Court of Registration
Berlin-Charlottenburg Local Court, registration number: HR 97470
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