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MBH achieves revenue growth in financial year 2020 and proposes stable dividend payment despite effects of Covid-19 pandemic

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MBH Corporation Plc / Key word(s): Annual Results/Dividend
MBH achieves revenue growth in financial year 2020 and proposes stable dividend payment despite effects of Covid-19 pandemic

30-Apr-2021 / 10:24 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

MBH achieves revenue growth in financial year 2020 and proposes stable dividend payment despite effects of Covid-19 pandemic

London, 30 April 2021 - Amid the global pandemic, MBH Corporation PLC ("MBH") has achieved a sales growth of 19% to GBP60.4 million in the financial year 2020 (2019: GBP50.8 million) and an operating profit (EBIT) of GBP1.8 million compared (2019: GBP4.0 million). The net profit after tax fell by 61 % to GBP1.4 million (2019: GBP3.6 million). The financial figures include the results of 8 companies for the full year and proportionately 12 companies acquired during the financial year ended 31 December 2020.

The MBH Board of Directors will propose a stable dividend of 0.005 cents (2019: 0.005 cents) to the Annual General Meeting. Shareholders will be given the option of receiving the dividend in cash or in additional shares.

Contacts for IR and media enquiries:

MBH Corporation plc, Charlotte Williams, charlotte@unity-group.com, +44 (0)770 396 3953
Perception A, Phil Anderson & Charlie Nelson, phil@perceptiona.com, +44 (0)776 749 1519

Information and Explanation of the Issuer to this News:


About MBH

MBH Corporation plc is a diversified investment holding company, listed on the Frankfurt and Dusseldorf Stock Exchanges. The company acquires small to medium enterprises across multiple geographies and sectors that are well established, profitable and looking to scale. By leveraging the Agglomeration strategy, MBH Corporation plc is able to create substantial shareholder value through the consistent and accretive acquisition of excellent companies.

www.mbhcorporation.com
 

30-Apr-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

MBH Corporation Plc

Studio 7-9, Royal Patriotic Victoria Building, Joh

SW18 3SX London

United Kingdom

E-mail:

info@mbhcorporation.com

Internet:

https://www.mbhcorporation.com/

ISIN:

GB00BF1GH114

WKN:

A2JDGJ

Listed:

Regulated Unofficial Market in Dusseldorf, Frankfurt

EQS News ID:

1191123


 

End of Announcement

DGAP News Service

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