Transcript

Moderator

Welcome, ladies and gentlemen, to the earnings call of MBB SE, following the publication of the first half year figures of 2026. The company's Chief Financial Officer, Torben Teichler, will guide you through the figures and the presentation in a moment, followed by a question-and-answer session via audio line and chat. Having said this, Torben, the stage is yours.

Torben Teichler — CFO

Yeah. Thank you very much, and good afternoon, everyone. My name is Torben Teichler. I am the Chief Financial Officer of MBB, and I will now take you through our H1 results. Before we do that, let me, as always, start with a very quick recap of what makes MBB special. MBB offers long-term succession solutions to sustainable mid-sized companies. The way we do this is quite unique because we are a family business ourselves. Our two founders, who founded the business 30 years ago, are still the major shareholders and operationally very much involved. That means that in many ways, we share the same DNA with the businesses that we want to acquire. Secondly, we are fans of the capital market, and that is why we are here today as a stock listed company. That is also why three of our subsidiaries, Friedrich Vorwerk, Aumann, and Delignit are stock listed. Having brought all of these companies to the stock market in order to finance their growth and development is, in my point of view, a special differentiating factor for us. Moreover, we have a long-term focus, so generally when we buy, we do not have an intention to sell, but seek to develop and grow our businesses in the long term and remain the anchor shareholders in our companies. Lastly, we focus on sustainable businesses, and with that, we do not mean that we have a particularly environmentalist agenda, but we believe that trends like the energy transition or IT security just offer enormous business potential for us to grow and develop our companies in. Today we are now a group of five companies, generating around about EUR 1.2 billion in revenue and double-digit EBITDA margins. Before we now turn to our H1 results, I would briefly like to take your attention to our announcement today regarding the sale of our smallest portfolio company, CT Formpolster, to Nexeras. Yeah, we are very happy to announce that Nexeras is taking over 100% of CT Formpolster and is committing itself to developing the company further going forward. We believe that CT