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MBB SE increases EBITDA by 24% in the first quarter despite lower revenues

MBB SE increases EBITDA by 24% in the first quarter despite lower revenues
MBB SE, DE000A0ETBQ4
Disclosure of inside information acc. to Article 17 MARMBB SE increases EBITDA by 24% in the first quarter despite lower revenues
Berlin, 25 May 2021 - MBB SE (ISIN DE000A0ETBQ4), a medium-sized family-owned company, increased its adjusted EBITDA by 24.0% to ?19.6 million in the first quarter of 2021. The EBITDA margin reached 13.1%. Compared to the first quarter of the previous year, which was largely unaffected by Covid-19, turnover decreased by 12.6% to ?150.2 million. The successful IPO of Friedrich Vorwerk Group SE in March 2021 led to a significant increase in Group liquidity to ?598.0 million at the end of the quarter. Net cash rose to ?511.4 million, of which ?375.8 million was attributable to the holding company MBB SE. ....

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MBB SE subsidiary FRIEDRICH VORWERK plans Initial Public Offering to accelerate growth in the hydrogen market

MBB SE subsidiary FRIEDRICH VORWERK plans Initial Public Offering to accelerate growth in the hydrogen market
direktbroker.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from direktbroker.de Daily Mail and Mail on Sunday newspapers.

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