MBB Industries AG Reports Audited Earnings Results for the Fourth Quarter and Year December 31, 2011; Provides Earnings Guidance for the Year of 2012
February 29, 2012 at 05:27 pm
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MBB Industries AG reported audited earnings results for the fourth quarter and year December 31, 2011. For the quarter, the positive development over the year as a whole accelerated again in the fourth quarter, in which revenue of EUR 30.1 million, EBITDA of EUR 3.3 million and earnings per share of EUR 0.14 were generated.
For the year, the company generated a consolidated revenue of EUR 113.7 million of which the revenue from continuing operations amounts to EUR 109.6 million. Consolidated EBITDA from continuing operations amounts to EUR 9.3 million and consolidated earnings to EUR 3.3 million, corresponding to earnings of EUR 0.51 per share.
On the basis of business performance in the fourth quarter of 2011 and in January 2012, the Managing Board is anticipating an improvement in revenue and operating earnings development as against 2011 in 2012.
MBB SE, formerly MBB Industries AG, is a German-based private equity firm specializing in acquisitions of established medium-sized industrial companies. The Company makes investments in entities seeking to sell off a part of their business or the entire operation, perhaps as part of a succession process; selling a subdivision or an affiliated entity that no longer forms part of the organization's core business, and seeking for a management buyout or buy-in. It targets investments in firms with turnovers of 10 million euros and above. Its portfolio consists of Aumann AG, specializing in e-mobility, coil winding and automation, CT Formpolster GmbH, a producer of flexible polyurethane foams, Delignit AG, a supplier of ecological hardwood-based materials, DTS IT AG, a cloud computing and cyber security provider, Hanke Tissue Spolka Z O.O., a producer of tissue paper, and OBO-Werke GmbH, a supplier of products for model construction, toolmaking and mould production, among others.
MBB SE 
