Brief: MBB Q1 EBITDA Up 18.8% At EUR 15.8 Mln

MBB SE

27/05/2020 07:03

May 27 (Reuters) - MBB SE  MBBG.DE :
    * DGAP-NEWS: MBB SE INCREASES FIRST QUARTER REVENUES BY 34%
TO
€172 MILLION WITH 9% EBITDA MARGIN
    * Q1 EBITDA GREW BY 18.8% TO EUR 15.8 MILLION
    * FULL IMPACT OF COVID-19 PANDEMIC ON 2020 FINANCIAL YEAR
CANNOT
YET BE RELIABLY ESTIMATED.
    * TO PUBLISH A NEW FORECAST ONCE VISIBILITY HAS IMPROVED.
    * EXPECTS MORE M&A OPPORTUNITIES IN COMING MONTHS
    * ABLE TO FINANCE POTENTIAL ACQUISITIONS WITH ITS NET CASH
OF EUR
219.0 MILLION, OF WHICH EUR 171.5 MILLION ATTRIBUTABLE TO
HOLDING COMPANY MBB SE

Source text for Eikon:  ID:nEQ9jlQR5a 
Further company coverage:  MBBG.DE 

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