MBB SE: Preliminary result for 2017 changed due to modified IFRS accounting of effects related to the Aumann IPO, adjusted eps of EUR2.06 remains unchanged

DGAP-Ad-hoc: MBB SE / Key word(s): Preliminary Results/Profit Warning MBB SE: Preliminary result for 2017 changed due to modified IFRS accounting of effects related to the Aumann IPO, adjusted eps of EUR2.06 remains unchanged 29-March-2018 / 09:25 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Disclosure of inside information acc. to Article 17 MAR MBB SE: Preliminary result for 2017 changed due to modified IFRS accounting of effects related to the Aumann IPO, adjusted eps of EUR2.06 remains unchanged Berlin, 29 March 2018 - MBB SE (ISIN DE000A0ETBQ4), a medium-sized family business, reduces preliminary earnings per share (before adjustments) of EUR2.04 published on 22 February 2018 to EUR0.71 due to changes in the accounting of effects related to the Aumann IPO, necessary under IFRS. The adjusted eps (adjusted for effects from the IPO and PPA) of EUR2.06 remains unchanged and, from MBB's perspective, best reflects the operating performance of MBB in 2017. As a result of the IPO and the capital increases of Aumann AG, MBB SE on the one hand incurred transaction-related one-off expenses and on the other hand recorded an increase in equity attributable to shareholders of MBB SE of EUR196.9 million (resp. EUR29.89 per share). The one-off expenses include expenses related to the stock price based long-term bonus programme of MBB, which increased by EUR8.7 million as a result of the IPO. In the preliminary figures, MBB SE - supported by an external expert opinion - assumed that these IPO-related expenses were to be treated in the same way as other transaction costs as well as the increase in equity itself and accordingly recognised these expenses directly in equity. Henceforth, MBB will record the expenses from the long-term bonus programme directly attributable to the IPO in its 2017 profit and loss statement and subsequently show this amount transparently as an adjustment. The changed accounting treatment does not affect revenue, cash flow, liquidity or equity of the year 2017. For 2018, MBB's forecast of more than EUR500 million revenue and earnings per share between EUR2.30 and EUR2.45 remains unchanged. The financial statements for 2017 will be published on 25 April 2018 at www.mbb.com and will contain a detailed description of the issue discussed above. About MBB SE: MBB SE is a medium-sized family business that has expanded steadily since it was founded in 1995 through organic growth and the acquisition of companies. Increasing long-term value of the independent subsidiaries and the Group as a whole is the heart of its business model which has been highly profitable from the outset. Substantial growth and sustainable returns will remain MBB SE's goal in future as well. Further information on MBB SE can be found at www.mbb.com MBB SE Joachimsthaler Straße 34 10719 Berlin Tel [phone] Fax [phone] [e-mail] www.mbb.com Executive Management Dr Christof Nesemeier (CEO) Anton Breitkopf Dr Gerrit Karalus Klaus Seidel Chairman of the Board Gert-Maria Freimuth Court of Registration Berlin-Charlottenburg Local Court, registration number: HRB 165458 29-March-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	MBB SE
	Joachimsthaler Strasse 34
	10719 Berlin
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.mbb.com
ISIN:	DE000A0ETBQ4
WKN:	A0ETBQ
Indices:	PXAP
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange

End of Announcement	DGAP News Service

670259  29-March-2018 CET/CEST