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    DGAP-Adhoc  145  0 Kommentare MBB SE increases dividend and expects further revenue growth in 2021

    DGAP-Ad-hoc: MBB SE / Key word(s): Dividend/Forecast
    MBB SE increases dividend and expects further revenue growth in 2021

    14-Apr-2021 / 20:05 CET/CEST
    Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.


    Disclosure of inside information acc. to Article 17 MAR

    MBB SE increases dividend and expects further revenue growth in 2021

    Berlin, 14 April 2021 - The Board and Executive Management of MBB SE (ISIN DE000A0ETBQ4) today decided to propose an increase in the basic dividend from €0.70 to €0.88 per share at the Annual General Meeting scheduled to be held virtually on 8 June 2021. In view of the successful IPO of MBB subsidiary Friedrich Vorwerk, an additional dividend of €0.88 per share will be proposed in addition to the basic dividend. In total, the dividend would thus amount to €1.76 per share.

    In the 2020 financial year, MBB increased its revenues by 16.4% to €689.2 million. Adjusted EBITDA grew by 26.8% to €85.7 million, which corresponds to an EBITDA margin of 12.5%. As at 31 December 2020, the MBB Group had net cash of €252.6 million, of which €182.5 million was attributable to the holding company MBB SE. Additionally, the IPO of Friedrich Vorwerk has significantly strengthened this financial position.

    MBB plans to continue its growth in 2021. The Group expects to increase its revenues to €720 million in the current fiscal year, in particular due to the positive development of the Service & Infrastructure segment, which includes the companies Friedrich Vorwerk and DTS. The adjusted EBITDA margin is expected to reach between 10-12%. MBB sees its own financial strength as the best prerequisite for further growth, including through the acquisition of new subsidiaries.

    The complete 2020 Annual Report will be published on 16 April 2021 at www.mbb.com.


    MBB SE
    Joachimsthaler Straße 34
    10719 Berlin
    Tel +49 30 844 15 330
    Fax +49 30 844 15 333
    request@MBB.com
    www.MBB.com

    Executive Management
    Dr Christof Nesemeier (CEO)
    Dr Constantin Mang
    Klaus Seidel

    Chairman of the Board
    Gert-Maria Freimuth

    Court of Registration
    Berlin-Charlottenburg Local Court, registration number: HRB 165458


    14-Apr-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
    Archive at www.dgap.de


    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: 1184909

     
    End of Announcement DGAP News Service

    1184909  14-Apr-2021 CET/CEST

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    DGAP-Adhoc MBB SE increases dividend and expects further revenue growth in 2021 DGAP-Ad-hoc: MBB SE / Key word(s): Dividend/Forecast MBB SE increases dividend and expects further revenue growth in 2021 14-Apr-2021 / 20:05 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, …