Report
Klaus Breitenbach

MBB SE : Strong growth in H1 2024 profitability. FY 2024 earnings forecast raised

>Remarkable increase in H1 2024 profitability - MBB published H1 2024 revenue and adj. EBITDA margin which were better than we had assumed. Revenue rose by 9.3% y-o-y to € 467.0m (ODDO BHFe € 461.4m) and adj. EBITDA by 75% y-o-y to € 55.8m (ODDO BHFe € 51.7m). The adj. EBITDA margin improved by 450bp to 12.0% (ODDO BHFe 11.2%). The consensus is not available. Q2 2024 adj. EBITDA reached 12.8% vs. 8.0% last year. The growth in revenue and earnings reflects first a...
Underlying
MBB Industries SE

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.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Klaus Breitenbach

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