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MBB SE (0J7X.L)

LSE - LSE Delayed price. Currency in EUR
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135.00+6.00 (+4.65%)
At close: 4:45PM GMT
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Previous close129.00
Open135.50
Bid0.00 x 0
Ask0.00 x 0
Day's range132.00 - 136.50
52-week range132.00 - 136.50
Volume2,265
Avg. volumeN/A
Market cap819.206M
Beta (5Y monthly)1.51
PE ratio (TTM)62.82
EPS (TTM)2.15
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Reuters

    German firm Friedrich Vorwerk plans IPO to expand in hydrogen market

    German energy infrastructure firm Friedrich Vorwerk plans an initial public offering (IPO) on the Frankfurt stock exchange in the first quarter to accelerate growth in the hydrogen market, its biggest shareholder said on Monday. The company, a subsidiary of Messerschmitt-Boelkow-Blohm (MBB SE), aims to raise about 90 million euros ($107 million) from newly issued shares in a move that would offer 45% in free float shares. MBB said the hydrogen and electricity businesses were expected to benefit from "substantial investments in light of the clean energy transition".

  • EQS Group

    MBB: FRIEDRICH VORWERK acquires specialist for Cathodic Corrosion Protection

    DGAP-News: MBB SE / Key word(s): Takeover/Expansion01.03.2021 / 08:00 The issuer is solely responsible for the content of this announcement.MBB: FRIEDRICH VORWERK acquires specialist for Cathodic Corrosion Protection Berlin, 1 March 2021 - FRIEDRICH VORWERK Group SE, a subsidiary of MBB SE (ISIN DE000A0ETBQ4), acquired KORUPP GmbH, one of the leading providers of services and products in the field of Cathodic Corrosion Protection (CCP). FRIEDRICH VORWERK thus secures the technological competence and personnel capacities to protect underground energy transport and storage systems against corrosion.KORUPP is specialised in the engineering, installation and service of systems for Cathodic Corrosion Protection for almost 70 years. Of particular importance are KORUPP's solid-state electrodes (patent pending) that are developed and manufactured at the company's headquarters in Twist. With more than 20 specialists, KORUPP generates very profitable revenues in the single-digit million range. Through the merger with FRIEDRICH VORWERK, the company expects to grow significantly in the coming years to meet the increasing demand for Cathodic Corrosion Protection.CCP technology is gaining particular importance through the expansion of new underground power lines in the course of the clean energy transition. In order to transport renewable energy from wind and solar parks to the large industrial consumption centres, projects with a total volume of around €17 billion are currently planned in Germany alone with Suedlink, Suedostlink and Korridor A-Nord. The realisation of these underground power lines will lead to a considerable need for investment in Cathodic Corrosion Protection, as not only new lines but also existing energy infrastructure in the vicinity of these lines will have to be newly protected against corrosion.In addition, the development of a European infrastructure for green hydrogen will significantly increase the need for CCP solutions. The planned European Hydrogen Backbone, with an estimated investment volume of €64 billion, requires new underground hydrogen pipelines as well as the retrofitting of existing gas grids. Due to the special properties of hydrogen, Cathodic Corrosion Protection plays an important role for this hydrogen infrastructure. FRIEDRICH VORWERK and KORUPP see themselves well equipped to benefit from these upcoming growth potentials.About FRIEDRICH VORWERK:FRIEDRICH VORWERK is a leading provider of energy transportation and transformation infrastructure for the gas, electricity and hydrogen markets. With more than 50 years of experience in pipeline and plant engineering, FRIEDRICH VORWERK's 1,250 highly qualified employees cover a wide range of critical services for the European clean energy transition. In 2020, FRIEDRICH VORWERK generated revenues of more than €291 million with adjusted EBITDA of more than €58 million and adjusted EBIT of over €47 million.MBB SEJoachimsthaler Straße 3410719 BerlinTel +49 30 844 15 330Fax +49 30 844 15 333request@MBB.comwww.MBB.comExecutive ManagementDr Christof Nesemeier (CEO)Dr Constantin MangKlaus SeidelChairman of the BoardGert-Maria FreimuthCourt of RegistrationBerlin-Charlottenburg Local Court, registration number: HRB 16545801.03.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de Language: English Company: MBB SE Joachimsthaler Strasse 34 10719 Berlin Germany Phone: +49 (0) 30 844 15 330 Fax: +49 (0) 30 844 15 333 E-mail: anfrage@mbb.com Internet: www.mbb.com ISIN: DE000A0ETBQ4 WKN: A0ETBQ Indices: PXAP Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1171805 End of News DGAP News Service

  • EQS Group

    MBB SE significantly exceeds forecast for 2020 due to strong development of Friedrich Vorwerk

    MBB SE / Key word(s): Preliminary Results/Annual ResultsMBB SE significantly exceeds forecast for 2020 due to strong development of Friedrich Vorwerk26-Jan-2021 / 08:06 CET/CESTDisclosure 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.Disclosure of inside information acc. to Article 17 MARMBB SE significantly exceeds forecast for 2020 due to strong development of Friedrich VorwerkBerlin, 26 January 2021 - MBB SE (ISIN DE000A0ETBQ4), a medium-sized family business, increased its revenues by approximately 16% to more than €685 million in the 2020 financial year, according to first estimates by the management. The adjusted EBITDA is estimated to exceed €83 million, which corresponds to an adjusted EBITDA margin of around 12% and an increase of approximately 23% compared to the previous year. This EBITDA was adjusted for one-off charges related to capacity adjustments at Aumann. MBB thus significantly exceeded its initial forecast of more than €660 million in revenue and an EBITDA margin of 8-10% despite the Covid-19 pandemic. The net liquidity of the MBB Group was more than €250 million at the end of the 2020 financial year, of which the holding company MBB SE accounted for €182 million.The growth of the MBB Group was driven in particular by the strong performance of Friedrich Vorwerk. As a leading provider of energy infrastructure for the gas, electricity and hydrogen markets, the company is benefiting from high investments in the course of the clean energy transition. According to initial estimates by the management, Friedrich Vorwerk generated revenues of around €291 million in 2020. Adjusted EBITDA grew to more than €58 million, while adjusted EBIT rose to over €47 million. The adjusted EBIT margin was thus over 16%. Friedrich Vorwerk started into the new year with a record order backlog of over €306 million as of 31 December 2020, of which around 7% are already attributable to hydrogen applications. Friedrich Vorwerk is currently considering possible growth options, including an IPO.The Annual Report 2020 will be published on 16 April 2021 at www.mbb.com.MBB SEJoachimsthaler Straße 3410719 BerlinTel +49 30 844 15 330Fax +49 30 844 15 333request@MBB.comwww.MBB.comExecutive ManagementDr Christof Nesemeier (CEO)Dr Constantin MangKlaus SeidelChairman of the BoardGert-Maria FreimuthCourt of RegistrationBerlin-Charlottenburg Local Court, registration number: HRB 165458DisclaimerThis notification may contain forward looking statements, estimates, opinions and projections with respect to anticipated future performance of MBB SE ("forward-looking statements"). These forward-looking statements can be identified by the use of forward-looking terminology, including the terms 'believes,' 'estimates,' 'anticipates,' 'expects,' 'intends,' 'may,' 'will' or 'should' or, in each case, their negative, or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts. Forward-looking statements are based on the current views, expectations and assumptions of the management of MBB SE and involve significant known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Forward-looking statements should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. Any forward-looking statements included herein only speak as at the date of this release. We undertake no obligation, and do not expect to publicly update, or publicly revise, any of the information, forward-looking statements or the conclusions contained herein or to reflect new events or circumstances or to correct any inaccuracies which may become apparent subsequent to the date hereof, whether as a result of new information, future events or otherwise. MBB SE accepts no liability whatsoever in respect of the achievement of such forward-looking statements and assumptions.26-Jan-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de Language: English Company: MBB SE Joachimsthaler Strasse 34 10719 Berlin Germany Phone: +49 (0) 30 844 15 330 Fax: +49 (0) 30 844 15 333 E-mail: anfrage@mbb.com Internet: www.mbb.com ISIN: DE000A0ETBQ4 WKN: A0ETBQ Indices: PXAP Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1163165 End of Announcement DGAP News Service