MBB SE (STU:MBB)
€ 185.2 -3 (-1.59%) Market Cap: 1.00 Bil Enterprise Value: 671.79 Mil PE Ratio: 18.76 PB Ratio: 1.43 GF Score: 93/100

Full Year 2024 MBB SE Earnings Call Transcript

Mar 31, 2025 / 01:00 PM GMT

Key Points

Positve
  • MBB SE (XTER:MBB) achieved a record revenue of over €1 billion in 2024, marking a significant milestone for the company.
  • The company reported an impressive 86% growth in EBITA, reaching €149 million, which is a substantial increase from the previous year.
  • MBB SE (XTER:MBB) achieved a record net cash position of over €550 million, demonstrating strong financial health.
  • The company's subsidiaries, such as For Work and Alman, delivered strong results, contributing to the overall success of MBB SE (XTER:MBB).
  • MBB SE (XTER:MBB) has a robust balance sheet with a 65% equity ratio, providing a solid foundation for future growth and investments.
Negative
  • The automotive industry weakness is expected to lead to lower revenue for Aman, one of MBB SE (XTER:MBB)'s subsidiaries, in 2025.
  • Economic uncertainties, including potential trade wars, pose risks to the company's EBITA margin, which is forecasted to range between 11% and 14% in 2025.
  • DTS experienced project postponements in 2024 due to hesitance by German SMEs to invest, impacting its performance.
  • Den faced lower demand in 2024, particularly in the caravan business, resulting in a revenue decline to €65 million.
  • Cpo had a muted year in 2024, with cautious signs of improvement expected only in 2025.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

MBBG.DE - MBB SE
Full Year 2024 MBB SE Earnings Call
Mar 31, 2025 / 01:00PM GMT

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Presentation
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Unidentified_1 [1]
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Warm welcome ladies and gentlemen, to today's earnings call of the MDBSE following the publication of the financial year figures of 2024.

I'm delighted to welcome CEO Doctor Konstantin Wang and CIO Tom Titler. So the gentlemen will guide us through the presentation and the results shortly. And as always, following the presentation, we will move on to our Q&A session in which you will be allowed to place your questions directly to them. So, having said this, Dr. Manu, I hand over to you.

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Unidentified_2 [2]
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Thank you and good afternoon. My name is Konstantin
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