MBH reports revenue decline but margin gains and steady dividends
MBH said revenue fell 9.5% year-over-year while margins improved on cost control and product mix. Net debt is low and is expected to return to net cash next year; dividends remain steady amid ongoing market uncertainty.
Revenue declined 9.5% year over year, outperforming a 25% market decline, as margin gains were supported by cost control and product mix. Net debt is low and is expected to return to net cash next year, while dividends remain steady. Market uncertainty persists, but long-term fundamentals remain supported.