MBB SE Skyrockets EBITDA by 64% to €23M in Q1, Achieving 11% Margin

• MBB SE increased its adjusted EBITDA by 64.3% to €22.7 million in the first quarter of 2024, achieving an EBITDA margin of 11.0%.
• The company's revenue grew moderately to €205.5 million in the same period.
• Despite investing €50.5 million in the purchase of shares of MBB companies, net liquidity totalled €398.5 million at the end of the quarter.
• All of MBB's segments significantly increased their profitability in the first quarter, with the Service & Infrastructure segment's adjusted EBITDA rising by 18.6% to €10.4 million.
• The Board and Executive Management will propose a dividend of €1.01 per share at the Annual General Meeting on 26 June 2024, marking the 14th consecutive year of increasing basic dividends.
• For 2024, MBB continues to expect an increase in revenues to €1bn with an adjusted EBITDA margin of 10%.

The next important date, Publication of Quarterly Report (Cut-off date Q1), at MBB is on 15.05.2024.

The price of MBB at the time of the news was 105,40EUR and was down -0,47 % compared with the previous day.

MBB

0,00 %

+0,92 %

+7,13 %

+15,29 %

+36,61 %

-14,96 %

+55,00 %

+337,23 %

+814,17 %

ISIN:DE000A0ETBQ4WKN:A0ETBQ

• Intraday
• 5 Tage
• 1 Monat
• 3M
• 1 Jahr
• 3J
• 5J
• 10J
• Max