Ad-hoc-Meldung: MBB Industries AG generates revenue of EUR114 million and earnings per share of 51 cents in 2011

(PresseBox) ( Berlin, )
According to provisional, unaudited figures, MBB Industries AG (ISIN DE000A0ETBQ4) generated consolidated revenue of Eur113.7 million in the 2011 financial year, of which the revenue from continuing operations amounts to Eur109.6 million. Consolidated EBITDA from continuing operations amounts to Eur9.3 million and consolidated earnings to Eur3.3 million, corresponding to earnings per share of Eur0.51.

The positive development over the year as a whole accelerated again in the fourth quarter, in which revenue of Eur30.1 million, EBITDA of Eur3.3 million and earnings per share of Eur0.14 were generated.

In the 2011 financial year, the MBB Industries Group acquired Eld Datentechnik GmbH and increased its equity investment in Hanke Tissue to 97 percent.

In spite of net investments in the holdings portfolio and the distribution of a dividend of Eur2.2 million (Eur0.33 per share), liquidity as at 31 December 2011 was only slightly below the previous year's level at Eur30.3 million (Eur33.1 million). In total, net liquidity amounted to Eur13.7 million after Eur14.8 million as at the end of 2010.

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.

The final figures for the financial year will be announced with the publication of the 2011 annual report. The 2011 annual report will be available for download at www.mbbindustries.com on 27 April 2012.
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