Mbb Se · XETR:MBB
Mbb — Investor Presentation (June 2017)
22 slides from Mbb's investor presentation, Jun 1, 2017
Slide 1: Company presentation
Company presentation MBB SE Frankfurt am Main, 1 June 2017
Slide 2: Mission: listed family business generating sales and value growth through technological expertise
Mission: As a listed family business, MBB generates exceptional sales and value growth through technological expertise Growth Family Capital markets business Technology competence Mittelstand 2
Slide 3: Approx. 20% average growth since IPO
Approx. 20% average growth since IPO Revenues Result + 798% + 741% CAGR + 22% CAGR + 21% 332.2 14.3 37.0 1.7 2005 2016 2005 2016 in millions of € in millions of € 3
Slide 4: MBB starts into 2017 with record revenues and result
MBB starts into 2017 with record revenues and result Revenues Result + 25% + 38% 98.1 5.1 78.2 3.7 Q1 Q1 Q1 Q1 2016 2017 2016 2017* in millions of € in millions of € * Partial disposal of the shareholding in Aumann AG with effective date 31 March 2017. Accordingly, the full Aumann profit contributio
Slide 5: Q1 is in line with the forecast for the full year
Q1 is in line with the forecast for the full year Revenues Result Achieved: Achieved: 25% 35% 390.0 14.3 5.1 98.1 Q1 2017 Forecast Q1 Forecast 2017 2017* 2017 in millions of € in millions of € * Partial disposal of the shareholding in Aumann AG with effective date 31 March 2017. Accordingly, the ful
Slide 6: Successful Aumann IPO creates new development opportunities for MBB
The beginning of the year was impacted by the very successful Aumann IPO which creates new development opportunities for MBB € per share 70 Effects on MBB 65 63.50 As majority shareholder (53.6% of shares) MBB still participates in the e-mobility prospects 60 + 15% + 31% Strengthening of Aumann‘s gr
Slide 7: MBB – Growth paths
MBB – Growth paths 1 Organic 2 Buy-and-build 3 New Growth through Acquisitions of Acquisitions of investments in our new subsidiaries new companies companies for our companies 7
Slide 8: Double digit growth through strategic focus of subsidiaries
Double digit growth through strategic focus of subsidiaries E-mobility IT Security Cost leadership chemical + 67% p.a. products + 11% p.a. 44 + 16% p.a. 156 36 34 35 20 33 18 28 102 107 103 96 94 22 12 14 67 66 20 11 12 9 7 09 10 11 12 13 14 15 16 17e 09 10 11 12 13 14 15 16 17e 09 10 11 12 13 14 15
Slide 9: E-mobility champion Aumann as example for M&A success of MBB
E-mobility champion Aumann as example for M&A success of MBB 2006 Acquisition of ATS Berlin 1936 Foundation 2009 First e-drivetrain project ▸ E-mobility focus 2015 ▸ E-mobility references Becomes part of 2016 ▸ Winding technology MBB group Aumann AG 2012 First cooperation 2013 2017 Set up of presenc
Slide 10: Aumann is well positioned to serve the e-mobility market
Aumann is well positioned to serve the e-mobility market 1 Pioneer of e-mobility revolution based on leading modular mechanical engineering Outstanding technology for e-mobility 2 through decades of experience in winding and automation conventional aumann Long-standing partnership with OEMs + Tier-1
Slide 11: Aumann was a perfect M&A fit for MBB
Aumann was a perfect M&A fit for MBB Niche market player with established business model High and long-term value growth potential Experienced, highly motivated and success dependent managers Majority stakes Preferably in the German Mittelstand 11
Slide 12: DTS with excellent solutions for new trends resulting in record breaking year
DTS with excellent solutions for new trends resulting in record breaking year Regional expansion D-A-CH 2008 to 2016 DTS Key topics Record year 2016 IT Security From enterprise firewall Hamburg to security event 2014 management Revenue growth 2016 Bremen 2009 Hannover 25% to DC Münster 2009 Big Data
Slide 13: Hanke Tissue – 11 years of investing into sustainable organic growth
Hanke Tissue – 11 years of investing into sustainable organic growth Raw tissue output (in tons per month) 3,500 +147 % 3,000 2,500 Paper- 2,000 machine II 1,500 1,000 Paper- 500 machine I 0 2014 2015 2016 2017 Sales channels for raw tissue paper (>35k tons per year) Investments Total investment sin
Slide 14: Track record for investment quality
Track record for investment quality Equity value increase Add-On Investments 359x DHK automotive, HTZ Holztrocknung 124x Huntsman Tooling 48x Aumann Winding and Automation 44x Hengstler Time & Access, Inca, InVision, Digitalzeit 22x 9x ICS, eld datentechnik 8x Guth Engineering 6x Huchtemeier Recycli
Slide 15: MBB SE with more than €500 million revenue in 2020
MBB SE with more than €500 million revenue in 2020 Growth targets Revenue in million of € Revenues 15% p.a. EBITDA margin > 10% >500 Increasing 390 dividends 253 S-DAX 115 Listing 37 2005 2010 2015 2017e 2020e 15
Slide 16: 269% stock price increase during the last 12 months
269% stock price increase during the last 12 months; more than 1,200% in a 5Y period 1300% 31 May 2017: €116.40 1200% 1100% 1Y + 269% 1000% 900% 800% 700% 600% 5Y + 1,257% 500% 400% MBB SE MDAX 300% SDAX 200% Prime All Share 100% DAX 0% M 12 S 12 J 13 M 13 S 13 J 14 M 14 S 14 J 15 M 15 S 15 J 16 M 1
Slide 17: Increasing dividends accompanied by a special dividend in 2017
Increasing dividends will be accompanied by a special dividend in 2017 Dividend payments in € per share 1.22 0.61 0.50 0.25 0.55 0.57 0.59 0.61 CAGR + 20% since 2007 0.50 without special dividends 0.44 0.33 0.25 0.25 0.25 IPO 0.10 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017e* 2x 2x
Slide 18: Financial calendar
FINANCIAL CALENDAR Quarterly report Q1.2017 31 May 2017 Quirin Champions Conference, Frankfurt a. M. 01 June 2017 Annual General Meeting 28 June 2017 Quarterly report Q2.2017 31 August 2017 Prior Capital Market Conference, Frankfurt a. M. 12 September 2017 Berenberg and Goldman Sachs German Conferen
Slide 19: Factsheet
FACTSHEET COMPANY Executive Management BOARD MBB SUBSIDIARIES (Holding) MBB SE is a medium-sized family business which is Dr Christof Nesemeier (CEO) Gert-Maria Freimuth (Chairman) Aumann (53.6%) growing organically as well as acquisition based since Anton Breitkopf Dr Peter Niggemann (Vice Chairman
Slide 20: Contact
CONTACT MBB SE Joachimsthaler Straße 34 D-10719 Berlin Tel: +49-30-844 15 330 Fax: +49-30-844 15 333 Mail: request@mbb.com Web: www.mbb.com 20
Slide 21: Disclaimer
DISCLAIMER The information in this presentation is not an offer for sale or request to submit a bid to purchase or subscribe to shares of MBB SE shares; it is for information purposes only. German legal framework The information in this presentation is intended solely for persons who have a resident
Slide 22: MBB.COM
MBB.COM 22