MBB SE increases EBITDA by 64% to EUR23 million in the first quarter and
achieves 11% EBITDA margin

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

15.05.2024 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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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


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15.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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   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 15.05.2024 CET/CEST