Slide 1: FY 2024 Results
FY 2024 Results MBB SE 31 March 2025
Slide 2: MBB offers long-term succession solutions to sustainable Mittelstand companies
MBB offers long-term succession solutions to sustainable Mittelstand companies Family business Founded in 1995 and family-owned for the long term Capital Markets Extraordinary growth and value creation potential due to capital market access Long-term focus Long-term investment horizon without intent
Slide 3: MBB reached several records in FY 2024
MBB reached several records in FY 2024 +12 % 1.068 +17 % +86 % 955 554 149 475 80 FY 2023 FY 2024 FY 2023 FY 2024 FY 2023 FY 2024 Revenue Adj. EBITDA Net Cash in €m in €m in €m 3
Slide 4: MBB exceeded its latest forecast of €1 billion revenues and EBITDA margin
MBB hence exceeded it latest forecast of €1 billion in revenues and an EBITDA margin of >13 % Revenue Adj. EBITDA Margin +7 % 1,068 8% 10% >10% 12% >13% 14% 1,000 955 149 80 FY FC FY FY FC 2024 FC 2024 FC 2024 Prelim FY 2023 2024 2024 2023 I II III 2024 in €m in €m 4
Slide 5: In the fourth quarter, EBITDA margin increased by 7 percentage points to 19%
In the fourth quarter, EBITDA margin increased by 7 percentage points to 19 % Revenue Adj. EBITDA +15 % 12% 19% 304 + 49 % 264 +82 % 56 31 Q4/23 Q4/24 Q4/23 Q4/24 in €m in €m 5
Slide 6: All segments contributed to EBITDA growth with S&I and TA accounting for the majority
All segments contributed to EBITDA growth with S&I and TA accounting for the majority Revenue and adj. EBITDA in €m Service & Technological Consumer Infrastructure Applications Goods +100 % 597 +42 % 481 376 377 +65 % 94 98 94 47 28 40 10 6 FY 2023 FY 2024 FY 2023 FY 2024 FY 2023 FY 2024 6
Slide 7: Energy transition and IT security are the driving force behind the S&I Segment
Energy transition and IT security are the driving force behind the S&I Segment Energy infrastructure for the energy transition IT security for the German Mittelstand Record-level 4th quarter with an EBITDA margin of Order postponements into 2025 due to 19 % boosts full-year profitability to16.2% - u
Slide 8: Investments in automation and renewable materials remain the TA Segment's growth drivers
Investments in automation and renewable materials remain the TA Segment’s growth drivers Automation solutions for E-mobility System solutions from ecological raw materials Strong increase in profitability to 13% EBITDA Both lower demand in motorhomes and LCVs margin in Q4 underscores quality of the
Slide 9: Profitability increases despite lower revenues in CG Segment
Profitability increases despite lower revenues in CG Segment Tissue products Mattresses for e-commerce Significantly higher double-digit EBITDA Low consumer demand in the furniture market margin compared to previous year due to lower leads to revenue and EBITDA decline in 2024 material price volatil
Slide 10: For 2025 we expect a stable revenue at an EBITDA margin of 11-14%
For 2025 we expect a stable revenue at an EBITDA margin of 11-14 % Revenue Adj. EBITDA 14% 11-14% 1,068 1,000-1,100 + 49 % 149 FY 24 FY 25 FC FY 24 FY 25 FC in €m in €m 10
Slide 11: MBB's balance sheet remains more than robust thanks to strong cash conversion in 2024
MBB's balance sheet remains more than robust thanks to strong cash conversion in 2024 Balance sheet as at 31 December 2024 in €m 1,215 1,215 Fixed assets** 324 783 (65%) Equity 275 Current assets** Cash* 616 62 Financial liabilities thereof €281m net cash 554 in MBB SE Net Cash 369 Other liabilities
Slide 12: MBB invested €58 million in shares of MBB companies in FY 2024
MBB invested €58 million in shares of MBB companies in FY 2024 2023/24 FY 2024 47 40 million € million € 40 12 million € million € 23 6 million € million € 110 58 million € million € 12
Slide 13: MBB proposes the 15th increase in the base dividend plus an anniversary dividend
MBB proposes the 15th increase in the base dividend plus an anniversary dividend – in total €3,33 Dividends in €-Cent per share Proposal 222 198 176 132 99 122 88 61 66 50 111 88 99 100 101 25 61 66 69 70 44 50 55 57 59 IPO 25 25 25 33 10 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2
Slide 14: In light of the attractive valuation, MBB will continue to buy back shares
In light of the attractive valuation, MBB will continue to buy back shares Sum-of-the-parts in €m* 1.400 1.200 1.000 281 Ongoing share buyback 800 up to €15m & 600 575 €150/share until 30/04/2025 Market 400 Cap 200 0 Holding Fair Cash Value * Market capitalization of listed companies as per 31 March
Slide 15: Questions & Answers
Questions & Answers 15
Slide 16: Contact
Contact MBB SE Joachimsthaler Straße 34 D-10719 Berlin Tel: +49 30 84415 330 Fax: +49 30 84415 333 Mail: office@mbb.com Web: www.mbb.com 16
Slide 17: Disclaimer
DISCLAIMER By accessing this document you agree to abide by the limitations set out hereafter. The information contained in this document relating to MBB SE ("MBB" or the "Company") may not be redistributed. reproduced. published. or passed on to any other person and must not be relied upon for any
Slide 18: MBB.COM
MBB.COM