MBB SE expects one billion euros in revenue with an EBITDA margin of 10% in
2024

EQS-News: MBB SE / Key word(s): Annual Report/Forecast
MBB SE expects one billion euros in revenue with an EBITDA margin of 10% in
2024

26.03.2024 / 08:14 CET/CEST
The issuer is solely responsible for the content of this announcement.

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MBB SE expects one billion euros in revenue with an EBITDA margin of 10% in
2024

Berlin, 26 March 2024 - MBB SE (ISIN DE000A0ETBQ4), a medium-sized family
business, grew its revenues by 6.5% to EUR954.6 million in the 2023 financial
year. The Group's adjusted EBITDA reached EUR80.2 million, compared to EUR93.2
million in the previous year. While the Service & Infrastructure segment
experienced a temporary decline in adjusted EBITDA to EUR47.0 million on
almost constant revenues of EUR481.3 million, the Technological Applications
segment grew to EUR375.7 million in revenues and increased adjusted EBITDA by
74.7% to EUR28.4 million. The Consumer Goods segment generated revenues of
EUR98.4 million and EBITDA of EUR5.9 million. The Group's net cash at the end of
2023 was EUR475.3 million, of which EUR311.1 million was attributable to the
holding company MBB SE.

Friedrich Vorwerk, the largest company in the MBB Group, generated revenues
of EUR373.4 million. The adjusted EBITDA of the energy infrastructure provider
fell to EUR32.0 million, due in particular to increased material and personnel
costs for individual legacy projects. The company's EBITDA margin was
therefore 7.4% in the first three quarters but rose again to 11.8% in the
fourth quarter. At the same time, Friedrich Vorwerk's order intake grew
significantly to more than EUR1 billion, due in particular to the A-Nord
order, which will contribute significantly to the company's growth from 2024
onwards. Aumann increased its revenues by 34.5% to EUR289.6 million and more
than doubled its adjusted EBITDA to EUR21.3 million. IT security provider DTS
achieved annual revenues of EUR108.4 million with adjusted EBITDA of EUR15.0
million thanks to revenue growth of 18.4% in the fourth quarter.

Since the beginning of 2023, MBB has invested more than EUR100 million into
shares of its own group. MBB SE acquired Aumann shares for around EUR8
million, Friedrich Vorwerk shares for around EUR37 million and own shares for
around EUR45 million. Additionally, Aumann has acquired own shares for around
EUR12 million. These investments emphasize the management's positive view of
the MBB Group's outstanding growth and value creation prospects.

Backed by a promising start to the year, MBB expects revenues to increase to
EUR1 billion and adjusted EBITDA margin to 10% in 2024. The Board and
Executive Management will therefore propose a dividend of EUR1.01 per share to
the Annual General Meeting. This is the 14th time in a row that MBB has paid
an increasing basic dividend. The continued high net cash position will
ensure higher financial income in 2024 and forms an excellent basis for
further organic and inorganic growth.

The Annual Report 2023 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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26.03.2024 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:    1866933

End of News EQS News Service
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1866933 26.03.2024 CET/CEST