MBB SE Increases Adjusted EBITDA by 25% in Q3 and Raises Earnings Forecast

MBB SE, a family-owned enterprise, has increased its adjusted EBITDA by 25% to €84 million in the third quarter of 2026, surpassing the previous year's €67.3 million. The EBITDA margin grew significantly by 5.1 percentage points, reaching 26.3%. This performance is attributed largely to the strong operational results of Friedrich Vorwerk, which saw its adjusted EBITDA rise to €80.9 million from €51.3 million last year.

Despite stable revenue at €318.1 million compared to €316.8 million last year, MBB SE's performance for the first nine months shows a 40% increase in adjusted EBITDA to €201.1 million, against €143.7 million in the previous period. The EBITDA margin for this period reached 23.5%.

As a result, MBB SE has revised its earnings forecast, projecting an adjusted EBITDA margin between 22-24%, up from 18-20%. Revenue expectations remain between €1.1 and €1.2 billion. The full report is due on 12 November 2026.