MBB SE posted strong Q3 2025 results, boosting full-year forecasts amid 80% EBITDA growth and rising revenue.

MBB SE reported strong third-quarter 2025 results, with adjusted EBITDA up 80% year-on-year to €67.4 million and revenue rising 6.5% to €316.8 million, driven by performance at Friedrich Vorwerk and DTS. The adjusted EBITDA margin reached 21.2%. For the first nine months, adjusted EBITDA grew 54% to €143.7 million, and revenue increased 12.8% to €862.3 million. Net liquidity stood at €526.9 million. The company raised its full-year forecast, now projecting revenue of €1.1 billion to €1.2 billion and an adjusted EBITDA margin of 15% to 17%. A brokerage reaffirmed its Buy rating and increased its target price to €285.90.