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| Datum : | 14.05.2014 |
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DGAP-Adhoc: MBB Industries AG generates revenues and profits at previous year's level in the first quarter 2014; MBB Industries AG to be converted into MBB SE |
| Meldung : | MBB Industries AG / Key word(s): Quarter Results 14.05.2014 17:50 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- MBB Industries AG generates revenues and profits at previous year's level in the first quarter 2014; MBB Industries AG to be converted into MBB SE Berlin, 14 May 2014 - MBB Industries AG (ISIN DE000A0ETBQ4), a family-owned, medium-sized corporation, generated revenue and profits in the first quarter of 2014 at previous year's record level according to preleminary figures. In the reporting period revenue amounted to EUR55.6 million after EUR55.5 million in the first quarter 2013. Consolidated earnings amounted to EUR3.2 million in the first quarter 2014 compared to EUR 3.3 million previously. Earnings per share were EUR0.50 after EUR0.51 in the first quarter 2013. Equity increased close to EUR75 million for the first time due to the profits and the sale of treasury shares, as proceeds from the sale of treasury shares were directly recognized in equity. The equity ratio improved to 41% compared to 38% as at the end of 2013. Cash and cash equivalents increased to EUR57.6 million after EUR54.9 million reported in the preceding quarter. Net Cash remained unchanged at EUR23.8 million. For the financial year 2014 management continues to expect revenue of EUR250 million and earnings at previous year's level. During the year positive effects are expected from the newly operating paper machine at Hanke as well as the Chinese location of MBB Technologies (China) Ltd. established in 2013. Additional contributions to revenue and earnings will be generated by the acquisitions of DHK automotive and HTZ Holztrocknung made by MBB subsidiary Delignit and the tooling activities of Huntsman Advanced Materials taken over by OBO. Management and Supervisory Board will submit a proposal to the Annual General Meeting to change MBB Industries AG into a European company (Societas Europaea, SE) with a monistic management structure and to change the company name to MBB SE. All relevant documents will be available on our newly designed homepage on the day of invitation to the Annual General Meeting on 21 May 2014 under www.mbb.com. The quarterly financial report for the first three months of 2014 will be available for download on 30 May 2014 at www.mbb.com. About MBB Industries AG: Die 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 from the outset - substantial growth and sustainable returns will remain MBB Industries AG's goal in future as well. 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 request@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 --------------------------------------------------------------------------- Language: English Company: MBB Industries AG Joachimstaler Strasse 34 10719 Berlin Germany Phone: +49 (0) 30 844 15 330 Fax: +49 (0) 30 844 15 333 E-mail: anfrage@mbbindustries.com Internet: www.mbbindustries.com ISIN: DE000A0ETBQ4 WKN: A0ETBQ Indices: PXAP Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of Announcement DGAP News-Service --------------------------------------------------------------------------- |
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