MBB Industries AG proposes dividend increase to 55 cents per share

Provisional figures for 2013 confirmed

Berlin, (PresseBox) - MBB Industries AG (ISIN DE000A0ETBQ4), a family-owned, medium-sized corporation confirms the provisional figures for 2013 previously reported. In the financial year just ended, record revenues and solid earnings level have been achieved. Accordingly an increased dividend of 55 cents per share is set to be proposed to the Annual General Meeting on 30 June 2014 after 50 cents per share in the previous year. This means that MBB Industries AG has continuously increased the dividend from 15 cents to 55 cents since its IPO in 2006.

Based on audited and final data, consolidated revenue 2013 increased by 11.4% to EUR228.2 million from EUR204.9 million in the previous year. Consolidated earnings in 2013 amounted to EUR13.5 million or EUR2.09 per share. Because of the first-time application of the amended IAS 19 previous years' earnings have been adjusted from EUR13.4 million to EUR13.6 million or EUR2.11 per share. Due to the good earnings situation MBB Industries AG capital resources further improved despite the dividend payment of more than EUR3 million in the financial year 2013. Equity rose from EUR57.4 million as at the end of 2012 to EUR67.8 million as at the end of 2013. The Group's liquidity climbed to EUR54.9 million after EUR45.2 million in the previous year. Thus, MBB Industries has sufficient liquidity to press ahead with both organic growth of the Group and acquisitions. MBB Industries expects to continue its profitable growth course in 2014 with sales of more than EUR250 million.

The 2013 annual report of MBB Industries AG with the final figures will be published and available for download at www.mbb.com on 30 April 2014.

MBB SE

MBB Industries AG is a family-owned, medium-sized corporation that has expanded steadily as a result of organic growth and the acquisition of other companies since it was founded in 1995. Achieving a long-term increase in the value of the individual companies and the Group as a whole lies at the heart of its business model. This business model has been highly profitable since the outset - substantial growth and sustainable returns will remain MBB Industries AG's goal in future as well.

Press releases you might also be interested in

Subscribe for news

The subscribtion service of the PresseBox informs you about press information of a certain topic by your choice at a choosen time. Please enter your email address to receive the email with the press releases.

An error occurred!

Thank you! You will receive a confirmation email within a few minutes.


I want to subscribe to the gratis press mail and have read and accepted the conditions.