26.01.2021 MBB SE  DE000A0ETBQ4

DGAP-Adhoc: MBB SE significantly exceeds forecast for 2020 due to strong development of Friedrich Vorwerk


 

DGAP-Ad-hoc: MBB SE / Key word(s): Preliminary Results/Annual Results
MBB SE significantly exceeds forecast for 2020 due to strong development of Friedrich Vorwerk

26-Jan-2021 / 08:06 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 significantly exceeds forecast for 2020 due to strong development of Friedrich Vorwerk

Berlin, 26 January 2021 - MBB SE (ISIN DE000A0ETBQ4), a medium-sized family business, increased its revenues by approximately 16% to more than €685 million in the 2020 financial year, according to first estimates by the management. The adjusted EBITDA is estimated to exceed €83 million, which corresponds to an adjusted EBITDA margin of around 12% and an increase of approximately 23% compared to the previous year. This EBITDA was adjusted for one-off charges related to capacity adjustments at Aumann. MBB thus significantly exceeded its initial forecast of more than €660 million in revenue and an EBITDA margin of 8-10% despite the Covid-19 pandemic. The net liquidity of the MBB Group was more than €250 million at the end of the 2020 financial year, of which the holding company MBB SE accounted for €182 million.

The growth of the MBB Group was driven in particular by the strong performance of Friedrich Vorwerk. As a leading provider of energy infrastructure for the gas, electricity and hydrogen markets, the company is benefiting from high investments in the course of the clean energy transition. According to initial estimates by the management, Friedrich Vorwerk generated revenues of around €291 million in 2020. Adjusted EBITDA grew to more than €58 million, while adjusted EBIT rose to over €47 million. The adjusted EBIT margin was thus over 16%. Friedrich Vorwerk started into the new year with a record order backlog of over €306 million as of 31 December 2020, of which around 7% are already attributable to hydrogen applications. Friedrich Vorwerk is currently considering possible growth options, including an IPO.

The Annual Report 2020 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
[email protected]
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


Disclaimer

This notification may contain forward looking statements, estimates, opinions and projections with respect to anticipated future performance of MBB SE ("forward-looking statements"). These forward-looking statements can be identified by the use of forward-looking terminology, including the terms 'believes,' 'estimates,' 'anticipates,' 'expects,' 'intends,' 'may,' 'will' or 'should' or, in each case, their negative, or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts. Forward-looking statements are based on the current views, expectations and assumptions of the management of MBB SE and involve significant known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Forward-looking statements should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. Any forward-looking statements included herein only speak as at the date of this release. We undertake no obligation, and do not expect to publicly update, or publicly revise, any of the information, forward-looking statements or the conclusions contained herein or to reflect new events or circumstances or to correct any inaccuracies which may become apparent subsequent to the date hereof, whether as a result of new information, future events or otherwise. MBB SE accepts no liability whatsoever in respect of the achievement of such forward-looking statements and assumptions.


26-Jan-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: [email protected]
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: 1163165

 
End of Announcement DGAP News Service

1163165  26-Jan-2021 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 332,17 403,08 506,59 592,06 689,24 725,00 0,00
EBITDA1,2 30,36 30,14 53,99 80,97 85,73 79,00 0,00
EBITDA-Marge3 9,14 7,48 10,66 13,68 12,44 10,90 0,00
EBIT1,4 33,34 19,71 38,62 54,39 56,16 59,00 0,00
EBIT-Marge5 10,04 4,89 7,62 9,19 8,15 8,14 0,00
Jahresüberschuss1 15,78 10,24 27,25 34,60 10,72 27,00 0,00
Netto-Marge6 4,75 2,54 5,38 5,84 1,56 3,72 0,00
Cashflow1,7 32,16 3,85 24,03 69,23 56,00 48,00 0,00
Ergebnis je Aktie8 2,16 0,71 2,34 4,44 2,14 4,50 5,60
Dividende8 1,22 1,32 0,69 0,70 1,76 0,95 1,05
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: RSM

XETR:MBB Charts by TradingView (c)


INVESTOR-INFORMATIONEN
©boersengefluester.de
MBB
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0ETBQ 133,800 Kaufen 794,87
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
21,24 21,07 1,01 55,08
KBV KCV KUV EV/EBITDA
2,19 11,48 1,15 7,17
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
1,76 0,95 0,71 08.06.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
25.05.2021 20.08.2021 12.11.2021 16.04.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
1,07% 0,44% -2,90% 8,34%
    
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