Mission: MBB is a listed family business that generates exceptional sales and value growth with
technological expertise
2
Growth
Family
business
Capital
market
Mittelstand Technological expertise
3
20% average annual growth rate since IPO
2005 2016
37
~300
~13.2
1.7
Growth
+ 711% 21% p.a.
in millions of €
Growth
+ 676% 20% p.a.
REVENUES
EARNINGS
in millions of €
MBB exceeds management forecast
Actual
252.8
250.0
Forecast
2015
Revenues
4
1.75
Forecast
2015
Actual
1.78
Earnings
in € per share
Substance wins: 39% equity ratio and €8 million net cash
As of 31 December 2015
* Liquidity & securities & gold
** without cash
223
46
(21%)
Assets
89
(40%)
223
88
(39%)
Equity and liabilities
85
(38%)
84
(38%)
54
(24%)
in millions of €
Non-current assets
Cash*
Equity
Financial liabilities
Other liabilities
Current assets**
5
Dividende increases also in 2016
* Board proposal for the Annual General Meeting on 30 June 2016 in Berlin
2009
0.25 0.25
0.25
0.33
2011 2007 2006
0.55
2013
0.10
0.50
0.50
2012
0.44
2010 2008
0.25
0.59
2016e* 2015
0.57
2014
CAGR + 22%
in € per share
2x
6
Share repurchase program
IPO
7
MBB expects €300 million in revenues in 2016
300
Aumann Coil winding technology (MBB company since 2015)
MBB Fertigungstechnik Special machinery manufacturer (MBB company since 2012)
CT Formpolster Soft foams (MBB company since 2010)
DTS IT-Services (MBB company since 2008)
Hanke Tissue Tissue products (MBB company since 2006)
Delignit Wood based products (MBB company since 2003)
OBO Tooling products (MBB company since 2003) Revenues in millions of €
approx. 1,500 employees
8
MBB subsidiaries are market leaders in niches
Assembly lines for built passenger and commercial vehicle camshafts
Welding systems for premium car axes
Beech wood based cargo space protection for LCV in Europe
Electrically conductive industrial floor and shift platforms for CV assembly lines
Central supplier and logistics partner of the largest independent online
mattress seller in Germany
Full-service provider of chemical tooling materials with cost leadership
Security: Palo Alto Networks Partner of the year and German Platinum Partner
Leading IT systems house with data center for the German Mittelstand in East
Westphalia-Lippe
Market leader for printed napkins in Poland
#1
Leading supplier for coil winding technology and automation solutions for
E-Mobility
9
All MBB subsidiaries are growing over time
343633
28
2220
+10% p.a.
16e 15e 09 10 12 14 11 13
30
2423222318
14 10 09 13 11 15e 16e
+12% p.a.
12
141212
11
9
7
+17% p.a.
16e 15e 14 10 11 09 12 13
2120
19181818
13 16e 12 15e 11 14 10 09
+4% p.a.
433634
3126
22
13 16e
+12% p.a.
15e 14 12 10 09 11
96103107102
6667
16e 14 12 11
+11% p.a.
13 10 15e 09
+
ab 2016
Acquisitions of new
companies
Acquisitions of new
subsidiaries for our
companies
Investments in our
companies
10
MBB growth paths
1 ORGANIC 2 BUY AND BUILD 3 NEW
CT Formpolster grows by increasing added value
Mattresses for online-trading
Mattresses for
stationary trading Other
Automotive
11
2013 2015e
18.5
+6% p.a.
2016e
20.5
2012
19.8
2011 2014
17.7
Revenue split 2016e
Foam-
production
Mattresses-
manufacturing
Drop
Shipping Design
Revenue performance From foaming unit to a One-Stop-Shop for mattresses
Efficient processes thanks automotive experience
* Source: Annual Report for companies within the manufacturing sector, April 2015 12
In particular online-traders trust in the new competences of CT Formpolster
End customer orders
at online-trader
Online-trader
forwards order
Delivery to end
customer
Drop-Shipping allows online-traders to focus on the frontend
Q4.2015
350%
Q3.2015
230%
Q2.2015 Q1.2015
150%
100%
Growth in drop-Shipping volume at CT Formpolster
Estimation of online-trading share of mattresses market
Stationary
trading Online-trading 10 %
Mattresses market in Germany: approx. €1 Bio.*
EP boards PU boards
PU/EP liquids
PU/EP seamless
modelling paste
OBO-Festholz®
(hard wood)
PU boards
OBO acquired tooling business from Huntsman
Revenue split 2009
Revenue split 2016e
13
Master-
distributor
for liquids by
Huntsman
Production
of pastes and
EP boards
€7 million
revenues
€20 million
revenues
Acquisition of Aumann – growth in the fields of coil winding technology and E-Mobility
14
Coil winding technology
Founded in 1936 by Willy Aumann
MBB holds 75% since 19 November 2015
Today 170 employees in Espelkamp (East Wesphalia),
Berlin and the US
Leading special machinery manufacturer for coil
winding and automation in efficient electric motors
Strong position in the E-Mobility growth market
Applications
Revenues in millions of €
403433
3027
+ 13% p.a.
2015e 2017 2016e 2014 2012 2013
15
Aumann benefits from strong market growth
Recreation
Appliances
Automotive
Industrial
Medical
E-Mobility
Energy efficiency
Electrification
E-Health
Regulation
Aumann‘s
growth trends
Aumann‘s
markets
16
Stronger together: Aumann + MBB Fertigungstechnik
+
Locations
Revenues
Employees
Markets
Technologies
Germany, USA
Expectation 2016
~ €40 million
170
E-Mobility
Medical
General Industry
Coil winding
Wire enamelling
Automation
Germany, China
Expectation 2016
~ €100 million
340
Conventional drive
Aerospace
Household appliances
Connection technology
Assembly technology
Tooling
Global machine
manufacturer
> €140 million
> 500 employees
Diversification
Technological
complementarity
17
Aumann hits the M&A jackpot
Niche market player with established business model
High and long-term value growth potential
Experienced, highly motivated and participating managers
Majority stakes
Preferably in the German Mittelstand
18
MBB SE with €500 million revenues in 2020
115
253
500
37
300
2010 2015 2020 2016 2005
Growth targets
Revenues in millions of €
EBITDA margin
> 10%
Revenues
15% p.a.
Increasing
Dividends
Financial
Solidity
-20%
0%
20%
40%
60%
80%
100%
120%
140%
160%
180%
200%
220%
240%
260%
280%
300%
320%
340%
360%
380%
400%
420%
440%
M 11 J 11 N 11 M 12 J 12 N 12 M 13 J 13 N 13 M 14 J 14 N 14 M 15 J 15 N 15 M 16
MBB SE
MDAX
SDAX
DAX
Prime All Share
As of 1 March 2016 19
MBB share price development and analyst targets as of March 2016
5Y + 287 % Current share price: €25
€30 BUY Hauck & Aufhäuser
€34,50 BUY
WGZ Bank Research
Value Depesche
€33,50 BUY SMC Research
* The two founders Gert-Maria Freimuth and Dr Christof Nesemeier each hold roughly 35% of outstanding MBB SE shares. 20
Factsheet
COMPANY MBB SUBSIDIARIES
Aumann
CT Formpolster
Delignit
DTS
Hanke
MBB Fertigungstechnik
OBO
SHAREHOLDER STRUCTURE KEY FIGURES (in million of €) 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Revenue 63 114 199 81 100 110 205 228 237 253
EBITDA 10.6 21.2 19.5 7.9 -3.2 9.2 24.6 22.7 22.0 24.8
EBIT 7.9 14.4 14.4 5.0 -7.0 5.7 19.7 17.2 15.9 n.a.
Group earnings 4.3 13.6 8.0 3.5 -6.8 3.3 13.6 13.5 13.2 11.7
Operating Cashflow -0.5 6.5 9.1 1.6 7.5 7.1 19.9 12.7 14.6 n.a.
EPS in € 0.65 2.07 1.22 0.54 -1.04 0.51 2.11 2.09 2.01 1.78
DPS in € 0.10 0.25 0.25 0.50 0.33 0.44 0.50 0.55 0.57 0,59e
Total Assets 79.4 131.9 139.9 101.9 91.7 85.8 148.7 177.2 196.7 222.6
Equity 35.5 50.5 54.3 55.6 47.4 45.7 57.4 67.8 78.6 87.6
Equity ratio 44.7% 38.3% 38.8% 54.5% 51.7% 53.3% 38.6% 38.3% 39.9% 39,4 %
Net Debt (-) / Net Cash (+) 8.9 0.8 -1.0 10.7 14.8 13.7 31.5 23.8 24.3 8,1
Employees 1,372 1,792 1,827 1,122 665 714 998 1,066 1,146 n.a.
CONTACT SHARE DATA
MBB SE ISIN DE000A0ETBQ4
Joachimsthaler Straße 34 WKN A0ETBQ
10719 Berlin Share type Ordinary shares
Germany Reuters Code MBBG.DE
Ticker Symbol MBB
Tel: +49-30-844-153-30 Admission segment Prime Standard
Fax: +49-30-844-153-33 Number of shares 6,600,000
[email protected] Treasury shares 13,225
www.mbb.com
FINANCIAL CALENDAR
29 Apr 2016 Annual report 2016
31 May 2016 Quarterly Report Q1
30 June 2016 Annual General Meeting
31 Aug 2016 Quarterly Report Q2
21-23 Nov 2016 German Equity Forum
30 Nov 2016 Quarterly Report Q3
SHARE PRICE DEVELOPMENT (5 years)
Executive Management BOARD
MBB SE is a family run group of German Mittelstand
companies with technological and engineering
expertise. Since 1995, MBB is growing sustainably
by the long-term value enhancement of its
subsidiaries as well as acquisition based. MBB
stands for Messerschmitt-Bölkow-Blohm.
Dr Christof Nesemeier (CEO) Gert-Maria Freimuth (Chairman)
Dr Peter Niggemann (Vice Chairman)
Dr Christof Nesemeier
Anton Breitkopf
Dr Gerrit Karalus
Klaus Seidel
71%
29%
Founders Freefloat
-20%
10%
40%
70%
100%
130%
160%
190%
220%
250%
280%
310%
340%
M 11 J 11 N 11 M 12 J 12 N 12 M 13 J 13 N 13 M 14 J 14 N 14 M 15 J 15 N 15 M 16
MBB SE
MDAX
SDAX
DAX
Prime All Share
FINANCIAL CALENDAR
21
Prior Capital Market Conference 8 March 2016
21st Munich Capital Market Conference 27-28 April 2016
Annual Report 2015 29 April 2016
Quarterly Report Q1.2016 31 May 2016
Annual General Meeting 30 June 2016
Quarterly Report Q2.2016 31 August 2016
German Equity Forum 21-23 November 2016
Quarterly Report Q3.2016 30 November 2016
End of fiscal year 31 December 2016
The information in this presentation is not an offer for sale or request to submit a bid to purchase or subscribe to shares of MBB SE shares; it is for information purposes only.
German legal framework
The information in this presentation is intended solely for persons who have a residential or business address in Germany. Access to the following information is permitted for these persons only. The
publication of this information on the internet does not represent an offer to persons with a residential or business address in other countries, particularly the United States of America, the UK and
Northern Ireland, Canada and Japan. The shares of MBB SE are publicly offered for sale and subscription only in the Federal Republic of Germany.
The information in this presentation can be disseminated in other legal systems only in accordance with local laws and persons who obtain access to this information must inform themselves about
and comply with the local laws. All information is made without guarantee.
No investment advice
The information in this presentation does not represent investment advice.
Forward-looking statements
If the information in this presentation expresses forecasts, estimates, opinions or expectations, or forward-looking statements are made, these statements can be related to known and unknown risks
and uncertainties. Therefore, the actual results and developments can differ greatly from the expectations and assumptions expressed here.
Risky investment
Shares of growth companies can offer major opportunities, but also carry related risks. Shares of growth companies are thus always a risky financial investment. A loss of the investment cannot be
ruled out. Therefore, this form of investment is more suited to diversification as part of a portfolio strategy.
Confidentiality
The information in this presentation is strictly confidential. It is intended for the designated recipient only and cannot be disseminated without the prior consent of MBB SE. For questions, contact:
MBB SE
Joachimsthaler Straße 34
D-10719 Berlin
web: www.mbb.com
Tel: 030-844 15 330
Fax: 030-844 15 333
E-mail: [email protected]
22
DISCLAIMER
MBB SE
Joachimsthaler Straße 34
D-10719 Berlin
Tel: 030-844 15 330
Fax: 030-844 15 333
Mail: [email protected]
Web: www.mbb.com
CONTACT
23