Slide 1: Q1 2025 Results
Q1 2025 Results MBB SE 13 May 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 and Friedrich Vorwerk just joined the SDAX
MBB and Friedrich Vorwerk just joined the SDAX SDAX entry on May 9, 2025 SDAX entry on April 17, 2025 3
Slide 4: Q1 2025 was marked by strong top- and bottom-line growth
Q1 2025 was marked by strong top- and bottom-line growth Revenue Adj. EBITDA +27 % 11,0% 11,5% 260 + 49 % 205 +32 % 30 23 Q1/24 Q1/25 Q1/24 Q1/25 in €m in €m 4
Slide 5: Q1 was driven by a very strong development of the S&I Segment
Q1 was driven by a very strong development of the S&I Segment Revenue and adj. EBITDA in €m Service & Technological Consumer Infrastructure Applications Goods +112 % 159 -2 % 98 83 78 -59 % 22 24 23 10 8 8 3 1 Q1/24 Q1/25 Q1/24 Q1/25 Q1/24 Q1/25 5
Slide 6: 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 High productivity and execution supported by Strong start into the year driven by better mild weather conditions lift Q1 EBITDA margin
Slide 7: Moderate investments in automation and renewable materials affect the TA Segment
Moderate investments in automation and renewable materials affect the TA Segment Automation solutions for E-mobility System solutions from ecological raw materials Q1 revenues and profitability benefit from solid Still volatile call-off behavior in LCV core order backlog market weighed on revenue wh
Slide 8: Mixed consumer demand affects the CG Segment
Mixed consumer demand affects the CG Segment Tissue products Mattresses for e-commerce Normalisation of EBITDA margin in a stable Low consumer demand in the furniture market market and energy price environment leads to soft start into the year Substantial investment in expansion of Outlook turns pos
Slide 9: 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 Q1: 260 FY 24 FY 25 FC FY 24 FY 25 FC in €m in €m 9
Slide 10: MBB's balance sheet remains more than robust
MBB's balance sheet remains more than robust Balance sheet as at 31 March 2025 in €m 1,176 1,176 Fixed assets** 330 767 (65%) Equity Current assets** 318 Cash* 528 61 Financial liabilities thereof €262m net cash 467 in MBB SE Net Cash 347 Other liabilities Assets Equity & Liabilities * Liquidity & S
Slide 11: 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 12: MBB remains attractively valued
MBB remains attractively valued Sum-of-the-parts in €m* 1.400 1.200 1.000 262 MBB share buyback completed 800 704 Bought 111T shares / c. 2% 600 €12.7 million spend with an average price of Market 400 €115 per share Cap 200 0 Holding Fair Cash Value * Market capitalization of listed companies as per
Slide 13: Questions & Answers
Questions & Answers 13
Slide 14: Contact
Contact MBB SE Kurfürstendamm 188 D-10707 Berlin Tel: +49 30 84415 330 Fax: +49 30 84415 333 Mail: office@mbb.com Web: www.mbb.com 14
Slide 15: 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 16: MBB.COM
MBB.COM