

MBH Corporation said sales almost doubled in 2021 with the disruption caused by the pandemic enabling it to buy more established businesses with more experienced management. Revenues rose by 94% to £108.8mln (2020:£56.1mln) in the year to the end of December, with underlying earnings up by 224% at £5.2mln and net profit after tax rising to £3mln from £1.1mln.

MBH Corporation PLC (OTCQX:MBHCF, ETR:M8H) said portfolio company Robinsons Caravans saw record sales and profits over the past financial year and during the coronavirus pandemic. Robinsons, a caravan trader, generated revenues of over £20mln in the calendar year, the highest in their 54 years of trading, MBH said.

MBH Corporation PLC (OTCQX:MBHCF, ETR:M8H) says it remains focused on potential acquisitions and has the capacity to acquire between 15 and 20 small and medium sized companies a year. The diversified holding company, which acquired 17 companies during 2021 and 2020 during the COVID-19 crisis, said it believes more opportunities for further acquisitions are opening up.


MBH Corporation PLC (OTCQX:MBHCF, ETR:M8H), an investment holding company, expects the number of smaller companies issuing economic, social, and governance (ESG) and sustainability reports to grow, according to its findings. A new study found 58% of investors surveyed believe smaller companies will increase their ESG reporting over the next three years, with 29% predicting a dramatic increase over the same time.

MBH Corporation PLC (OTCQX:MBHCF, ETR:M8H) has agreed to the terms for the acquisition of UK-based Approved Air Ltd, taking its portfolio to 27 companies across 8 industry sectors and five countries. Established by David Williams in 1998, Approved Air provides validation/verification testing of medical facilities to ensure compliance with Health Technical Memorandums [HTMs].

MBH Corporation PLC reported a strong bounce back across the board from its diverse group of companies in the first half of 2021, with underlying earnings jumping 271% on revenue up 81%. The UK-registered holding company acquired four companies in the period and another since, taking its total to 25 companies across eight industries in five countries.

Revenues up by 81% to £49.6 million in first half of 2021 EBIT increase by 271% to £3.0 million vs first half of 2020 MBH Corporation now comprises 25 companies across 8 verticals LONDON, UK / ACCESSWIRE / September 30, 2021 / The Directors of MBH Corporation PLC ("MBH") (OTCQX:MBHCF)(FRA:M8H), a diversified investment holding company, are pleased to release the results for the half year ended 30 June 2021, highlighting the continued success of the Company's growth and diversification strategy. For the half-year period, the Company achieved revenue growth of 81% to £49.6 million (1H 2020: £27.4million) and a net profit after tax of £1.9 million.
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