Mbb Se · XETR:MBB
Mbb — MBB Industries — Shareholder Meeting (June 2012)
29 slides from Mbb's shareholder meeting presentation, Jun 18, 2012
Slide 1: Annual General Meeting
Annual General Meeting MBB Industries AG | Berlin Berlin | 18 June 2012 Page 1
Slide 2: Agenda
AGENDA ■ Overview ■ 2011 ■ 2012 ■ Share & outlook Page 2
Slide 3: MBB has been on the capital market since 2006
MBB has been on the capital market since 2006... OVERVIEW Profile Key facts ■ Since 1995, MBB has been acquiring and ■ 2011 developing small and medium-sized German ■ Sales €110 million companies ■ Consolidated earnings €3.3 million (51 cents/share) ■ MBB stands for Messerschmitt-Bölkow-Blohm ■ Equi
Slide 4: On the market for 17 years: MBB locations past and present
...on the market for 17 years... MBB LOCATIONS PAST AND PRESENT Foreign locations: Page 4
Slide 5: ...and continues to create value...
...and continues to create value... GROUP DEVELOPMENT SINCE 2005 Equity Net cash Dividend 54.3 55.6 50.5 50.0 47.4 46.2 24.6 3.3 35.5 14.8 2.8 13.7 1.7 2.2 10.7 1.7 1.7 15.5 0.8 0.7 1.7 -1.0 -7.2 0.0 -13.8 2005 2006 2007 2008 2009 2010 2011 Page 5
Slide 6: Agenda
AGENDA ■ Overview ■ 2011 ■ 2012 ■ Share & outlook Page 6
Slide 7: 2011 – an eventful year for MBB
2011 – an eventful year for MBB EVENTS AND MILESTONES 2011 2011 ■ January - April: increase in Hanke stake to 97% ■ January - April: sale of Huchtemeier Papier ■ January - November: optimisation project for CT Formpolster ■ January - December: IT project (total upgrade of MBB's IT) ■ February DD for
Slide 8: 2011 – MBB back on track
2011 – MBB back on track COMPARISON OF 2006 WITH 2011 IN THOUSANDS OF EURO 2006 2007 2008 2009 2010 2011 (IFRS) (IFRS) (IFRS) (IFRS) (IFRS) (IFRS) Revenue 62,915 113,648 199,346 80,630 99,940 109,627 Change 70.7% 80.6% 75.4% -59.6% 23.9% 9.7% EBITDA 10,623 21,262 19,544 7,930 -3,157 9,240 EBITDA-mar
Slide 9: Equity ratio on the rise despite dividend
Equity ratio on the rise despite dividend COMPARISON OF CONSOLIDATED BALANCE SHEET 2009 WITH 2011 IN THOUSANDS OF EURO Comparison of 31/12/2009 31/12/2010 31/12/2011 2011 with 2010 Total assets 101,939 91,749 86,308 - 5.9% Equity 55,586 47,433 46,211 - 2.6% Equity-ratio 54.5% 51.7% 53.5% + 3.5% Net-
Slide 10: MBB holdings with sales and earnings growth in 2011
MBB holdings with sales and earnings growth in 2011 PORTFOLIO COMPANIES Company Description Share Sales 11 Earnings 11 Engineered wood products manufacturer listed on the stock market; focuses on the automobile industry 76% €30 million €725,000 Manufacturer of polyurethane boards for international m
Slide 11: Delignit successfully builds on environmental materials
Delignit successfully builds on "environmental materials for technological applications" DEVELOPMENT OF DELIGNIT AG Development Sales in millions of € 30.6 25.7 22.4 Skillet conveyor system for LCV (light commercial vehicle) HCV (heavy commercial vehicle) manufacturing wind energy systems (D with ve
Slide 12: Hanke continues to increase in value
Hanke continues to increase in value OVERVIEW OF HANKE Poland's leading tissue company Continuous investment in growth ■ Tissue mother rolls ■ €3.5 million investment in logistics centre ■ Toilet paper ■ High-bay storage for 2,800 pallets ■ Paper towels ■ €2.0 million investment in paper machine ■ N
Slide 13: DTS has more than five years of cloud computing experience
DTS has more than five years of practical experience in cloud computing EVOLUTION OF THE DTS GROUP Consulting Implementation Housing, Housing,Hosting Hosting Sales development since 2009 and forecast Software ■ Since 1983: profitable project business with SMEs Sales development since 2009 and foreca
Slide 14: MBB has a long-term dividend policy
MBB has a long-term dividend policy MBB INDUSTRIES AG IN THOUSANDS OF EURO – 2008 TO 2011 UNDER HGB Stock corporation 2007 2008 2009 2010 2011 Operating performance 2,361 2,417 23,769 1,843 1,685 Profit 2,072 2,114 18,654 1,157 1,148 Total assets 31,876 32,190 48,583 46,835 45,528 Equity 25,224 25,6
Slide 15: Agenda
AGENDA ■ Overview ■ 2011 ■ 2012 ■ Share & outlook Page 15
Slide 16: Sales and earnings rose significantly in Q1 2012
Sales and earnings rose significantly in Q1 2012 COMPARISON OF FIRST QUARTER 2011/2012 IN THOUSANDS OF € Q1 2011 Q1 2012 Comparison of 2012 with 2011 Revenue 27,662 31,386 + 13.5% EBITDA 2,694 4,673 + 73.5% EBITDA-margin 9.7% 15.1% EBIT 1,794 3,681 + 105.2% EBIT-margin 6.5% 11.9% EBT 1,626 3,537 + 1
Slide 17: Cash rose significantly in Q1
Cash rose significantly in Q1 COMPARISON OF CONSOLIDATED BALANCE SHEET 2010 WITH 2012 IN THOUSANDS OF EURO 31/12/2010 31/12/2011 31/03/2012 Comparison of 2012 with 2011 Total assets 91,749 86,308 151,027 + 75.0% Equity 47,433 46,211 50,013 + 8.2% Equity-ratio 51.7% 53.5% 33.1% - 38.1% Net- 14,846 13
Slide 18: MBB investments expected to generate sales of €200 million in 2012
MBB investments expected to generate sales of €200 million in 2012 PORTFOLIO COMPANIES Company Description Share Sales 12e Earnings 12e Engineered wood products manufacturer listed on the stock market; focuses on the automobile 76% €30+ million ++ industry Manufacturer of polyurethane boards for int
Slide 19: MBB Fertigungstechnik is a leading international systems manufacturer
MBB Fertigungstechnik is a leading international systems manufacturer AREAS OF COMPETENCE FOR MBB FERTIGUNGSTECHNIK GMBH Customers Data ■ Founded in 1968 as CLAAS Werkzeugbau ■ Sale as marginal business and acquisition by MBB Industries as of 30 March 2012 ■ In July: name change to ■ MBB Management
Slide 20: MBB Fertigungstechnik is located close to other MBB companies
MBB Fertigungstechnik is located in close proximity to other MBB companies REGIONAL IDENTITY in future: Page 20
Slide 21: MBB Fertigungstechnik focuses on the automobile industry
MBB Fertigungstechnik focuses on the automobile industry AREAS OF COMPETENCE FOR MBB FERTIGUNGSTECHNIK GMBH Connection technology in the automobile industry Assembly technology in the automobile industry Turnkey welding Turnkey production assembly line built lines camshaft for car axles Transport te
Slide 22: MBB stands for continuity, fresh momentum and growth
MBB stands for continuity, fresh momentum and growth STRATEGIC CONCEPT Strategy under Claas Strategy under MBB Optimisation Transformation Multiplication Diversification Internationalisation Buy & Build Rising market Global share Stable footprint Profitable foundation Operational growth CFT excellen
Slide 23: Agenda
AGENDA ■ Overview ■ 2011 ■ 2012 ■ Share & outlook Page 23
Slide 24: Positive feedback for MBB's work
Positive feedback for MBB's work... SAMPLE PRESS REPORT Süddeutsche Zeitung, 26 March 2012* Napkins, not fighter aircraft Messerschmitt-Bölkow-Blohm was once an aviation and aerospace company. There is little trace of that now. by Björn Finke owns the market leader for printed After graduation, they
Slide 25: ...as can be seen from the share performance!
...as can be seen from the share performance! SHARE PERFORMANCE (1 January 2012 - 15 June 2012, 10:00 a.m.) AND KEY FACTS Share performance from 1 Jan. 2012 to 15 Jun. 2012 Key facts about the MBB share ■ Positive share performance at the start of the year ■ Volume has been rising sharply since 2011
Slide 26: MBB – growth with German SMEs
MBB – growth with German SMEs REVENUE DEVELOPMENT MBB growth Sales ■ High level of recognition & established network 300 ■ Excellent references from corporations, families and employee representatives 199 ≥ 200 ■ Sustainable range of company sales 114 110 100 ■ Very good development of 37 63 81 inve
Slide 27: Financial calendar
FINANCIAL CALENDAR ■ 2012 interim report 31 August 2012 ■ Zürich capital market conference 26 September 2012 ■ Analyst conference/equity forum 12 - 14 November 2012 ■ Q3 report 28 November 2012 ■ End of financial year 31 December 2012 Page 27
Slide 28: 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 Industries AG shares; it is for information purposes only. German legal framework The following information is intended solely for persons who have a reside
Slide 29: Contact
CONTACT ■ MBB MBB Industries AG Joachimstaler Straße 34 D-10719 Berlin, Germany Tel: +49 308 441 5330 Fax: +49 308 441 5333 E-mail: anfrage@mbbindustries.com Web: www.mbbindustries.com