MBB Industries AG records year-on-year earnings growth in H1 2014

- Consolidated net profit of EUR6.6 million after EUR6.3 million previously

- Earnings per share improves to EUR1.01

- Full-year forecast confirmed

Berlin, 6 August 2014 - MBB Industries AG (ISIN DE000A0ETBQ4), a family-owned, medium-sized corporation, recorded year-on-year earnings growth in the first half of 2014 according to preliminary figures. Consolidated net profit improved by 4.8% to EUR6.6 million after EUR6.3 million in the first half of the previous year. This corresponds to EUR1.01 per share compared with EUR0.98 in the previous year. Revenue amounted to EUR111.2 million after EUR114.3 million in the first half of 2013. Cash and cash equivalents increased by 4.8%, from EUR54.9 million at the end of 2013 to EUR57.6 million. Net cash was largely unchanged at EUR23.9 million compared with EUR23.8 million at year-end 2013. Equity increased by 15.2%, amounting to EUR78.1 million at the end of June 2014 compared with EUR67.8 million at the end of 2013.

Consolidated net income for the second quarter of 2014 amounted to EUR3.4 million compared with EUR3.0 million in the same period of the previous year. This corresponds to quarterly earnings per share of EUR0.51 after EUR0.47 in the previous year. The result includes a bargain purchase from the acquisition of the Tooling plates and pastes materials business of Huntsman by OBO-Werke in the amount of EUR 1.3 million. Revenue declined by 5.5%, from EUR58.8 million in the second quarter of 2013 to EUR55.6 million.

The slightly lower level of revenue in the second quarter and the first half of 2014 is attributable in particular to project business and the resulting fluctuating revenue distribution throughout the year at the largest portfolio company, MBB Fertigungstechnik.

Assuming that macroeconomic development remains positive, Management is continuing to forecast growth in revenue to EUR250 million and similar earnings to the previous year for the 2014 financial year as a whole. MBB Industries AG's liquidity situation allows for supporting the planned growth of its existing portfolio companies while also making additional acquisitions.

The half-yearly financial report for 2014 will be published on 29 August 2014 and made available for download at www.mbb.com.

About MBB Industries AG:

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
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

This release was published on openPR.