EQS-News

MBB SE expects one billion euros in revenue with an EBITDA margin of 10% in 2024 - Seite 2

Since the beginning of 2023, MBB has invested more than €100 million into shares of its own group. MBB SE acquired Aumann shares for around €8 million, Friedrich Vorwerk shares for around €37 million and own shares for around €45 million. Additionally, Aumann has acquired own shares for around €12 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 €1 billion and adjusted EBITDA margin to 10% in 2024. The Board and Executive Management will therefore propose a dividend of €1.01 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 [phone]
Fax [phone]
[e-mail]
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 News - a service of EQS Group AG.
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Language:	English
Company:	MBB SE
	Joachimsthaler Strasse 34
	10719 Berlin
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
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