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EQS-News: MBB SE / Key word(s): Quarterly / Interim Statement
MBB SE increases EBITDA by 64% to EUR23 million in the first quarter and achieves 11% EBITDA margin
2024-05-15 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
MBB SE increases EBITDA by 64% to EUR23 million in the first quarter and achieves 11% EBITDA margin
Berlin, 15 May 2024 - MBB SE (ISIN DE000A0ETBQ4), a medium-sized family business, increased its adjusted EBITDA by
64.3% to EUR22.7 million in the first quarter of 2024. The EBITDA margin thus reached 11.0%, which corresponds to an
increase of more than 4 percentage points compared to the previous year. Revenue grew moderately to EUR205.5 million in
the same period. Although MBB invested a total of EUR50.5 million in the purchase of shares of MBB companies in the first
quarter, net liquidity totalled EUR398.5 million at the end of the quarter, of which EUR277.2 million was attributable to
the holding company MBB SE.
All of MBB's segments significantly increased their profitability in the first quarter. In the Service & Infrastructure
segment, adjusted EBITDA rose by 18.6% to EUR10.4 million. The energy infrastructure provider Friedrich Vorwerk achieved
an increase in EBITDA of 21.3% to EUR6.8 million. Friedrich Vorwerk's revenue grew by 5.0% to EUR76.7 million, while the
order backlog at the end of the quarter was once again well over one billion euros. With revenue growth of 9.5%, the IT
security specialist DTS increased its EBITDA disproportionately by 12.6% to EUR3.6 million, corresponding to an EBITDA
margin of 16.6%.
In the Technological Applications segment, adjusted EBITDA rose by 33.1% to EUR8.1 million. The E-mobility specialist
Aumann once again recorded the highest profitability growth, increasing its adjusted EBITDA by 89.4% to EUR6.9 million.
The EBITDA margin thus rose by more than 4 percentage points to 10.7%. At EUR 76.0 million, order intake was slightly
higher than in the previous year. Delignit was confronted with declining demand from its automotive customers in the
first quarter, which could not be fully compensated for by other business areas. Revenues therefore decreased to EUR 18.5
million. In contrast, the Consumer Goods segment was able to significantly increase its EBITDA to EUR 3.1 million on
revenues of EUR 24.2 million in the first quarter. As a result, the segment's EBITDA margin increased significantly back
into the double-digit range to 12.7%.
In light of the successful start to the year, the Board and Executive Management will propose a dividend of EUR1.01 per
share at the Annual General Meeting on 26 June 2024. This is the 14th time in a row that MBB has paid an increasing
basic dividend. According to a recent report by Handelsblatt, only 10 out of 600 German listed companies have paid
their shareholders an uninterrupted dividend increase for more than 10 years, and only 7 German companies have
increased their dividends for at least as long as MBB. This makes MBB one of the top 1% most reliable dividend payers
in Germany. For 2024, MBB continues to expect an increase in revenues to EUR1bn with an adjusted EBITDA margin of 10%.
The full quarterly report is available at www.mbb.com.

MBB SE
Joachimsthaler Straße 34
10719 Berlin
Tel +49 30 844 15 330
Fax +49 30 844 15 333
ir@mbb.com
www.mbb.com
Executive Management
Dr. Constantin Mang (CEO)
Dr. Jakob Ammer
Torben Teichler
Chairman of the Board and Executive Director
Dr. Christof Nesemeier
Court of Registration
Berlin-Charlottenburg Local Court, registration number: HRB 165458
2024-05-15 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.eqs-news.com  
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, 

Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1903239

End of News EQS News Service
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1903239 2024-05-15 CET/CEST

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END) Dow Jones Newswires

May 15, 2024 02:00 ET (06:00 GMT)