Slide 1: ODDO BHF Small & Mid Cap Conference 2025
ODDO BHF Small & Mid Cap Conference 2025 MBB SE 13 February 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 posted a very strong year 2024 with over €1 billion in revenues
MBB posted a very strong year 2024 with over €1 billion in revenues and an EBITDA margin of >13 % Revenue Adj. EBITDA +11 % 8.4 % 12 % >13 % 1.060 + 49 % 1.000 955 >70 % >138 >120 80 2023 Forecast 2024E 2023 Forecast 2024E 2024 2024 in €m in €m 3
Slide 4: In the fourth quarter, revenues and EBITDA grew double-digit
In the fourth quarter, revenues and EBITDA grew double-digit Revenue Adj. EBITDA +12 % 7% >15% 295 + 49 % 264 > 45 % >45 31 Q4/23 Q4/24E Q4/23 Q4/24E in €m in €m 4
Slide 5: 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 Stellar increase in profitability with an Orders shifted from H2 to H1 25 led to softer EBITDA margin of 16% in the FY 2024 revenues a
Slide 6: Growing investment in automation and renewable materials drive TA Segment
Growing investment in automation and renewable materials drive TA Segment Automation solutions for E-mobility System solutions from ecological raw materials Strong increase in profitability to 11% EBITDA Lower demand from OEMs, particularly in the margin and revenue growth of 17% with good caravan b
Slide 7: Profitability increases despite lower revenues in CG Segment
Profitability increases despite lower revenues in CG Segment Tissue products Mattresses for e-commerce EBITDA margin at high level due to lower Muted furniture market until Q3 lead to soft material price volatility and expired energy revenue and EBITDA in first nine months of 2024 contracts Moderate
Slide 8: MBB invested €61 million in shares of MBB companies in 2024
MBB invested €61 million in shares of MBB companies in 2024 2023/24 2024 50 43 million € million € 40 12 million € million € 23 6 million € million € 113 61 million € million € 8
Slide 9: MBB's balance sheet remains very strong – even after substantial buybacks
MBB's balance sheet remains very strong – even after substantial buybacks Balance sheet as at 31 December 2024E in €m ~1,200 ~ 1,200 Fixed assets** Equity Current assets** ~ 65 Cash* ~ 615 Financial liabilities thereof ~ €280m net cash 550 Other liabilities in MBB SE Net Cash Assets Equity & Liabili
Slide 10: 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* 1.200 1.000 800 281 New share buyback 600 up to €15m Until 30/04/2025 453 400 Market 200 Cap 0 Holding Fair Cash Value * Market capitalization of listed companies as per 10 February 2025; holding cash
Slide 11: 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 11
Slide 12: 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 13: MBB.COM
MBB.COM