Brief: MBH Corporation H1 EBITDA Up At GBP 1.5 Mln

MBH

30/09/2020 06:39

Sept 30 (Reuters) - MBH CORPORATION PLC  M8H.DE :
    * MBH CORPORATION PLC BUILDS ON 2019 GROWTH MOMENTUM WITH
REVENUES
CLIMBING 31% IN FIRST HALF OF 2020
    * H1 EBITDA ROSE 13 PERCENT TO 1.5 MILLION GBP
    * H1 REVENUE 27.4 MILLION GBP
    * MBH RAISES M&A GROWTH TARGET AND EXPECTS AT LEAST 10
ACQUISITIONS IN FULL-YEAR 2020
    * H1 EBITDA INCREASE BY 13% TO GBP1.5 MILLION YEAR-ON-YEAR
    * WE EXPECT TO EXCEED TARGET ANNOUNCED AT BEGINNING OF YEAR
AND
FINALISE AT LEAST 10 ACQUISITIONS IN FULL-YEAR 2020
    * H1 NET PROFIT OF GBP0.7 MILLION
    * AFTER PAYING A DIVIDEND EARLIER IN YEAR, BALANCE SHEET OF
GROUP
REMAINS STRONG WITH A NET ASSET POSITION OF GBP51.5 MILLION AS
OF 30 JUNE 2020

Source text for Eikon:  ID:nEQ3zqNrJa 
Further company coverage:  M8H.DE 

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