Sale of 49% stake in JV to Thermax Limited JV represented only part of Balcke-Duerr Group’s activities in India Balcke-Duerr remains active in India with its 100% Indian subsidiary Munich, April 24, 2019 – Two companies of Mutares Group (ISIN: DE000A2NB650), Balcke-Dürr GmbH and parent company Mutares Holding-24 AG, sell their combined 49% stake in […]
Potential new platform company for Mutares, first new platform in 2019 Products focused on steel wire and ropes for construction and automotive Binding offer will be presented to the workers’ representatives of the target on April 24 Further announcements on the transaction will be made after the consultations Munich/Paris, April 23, 2019 – Special situation […]
Group sales of EUR 865.1 million and operating result of EUR 4.5 million (Adjusted EBITDA) confirmed Dividend proposal as announced at EUR 1.00 per share (previous year: EUR 1.00) Positive development of Donges Group Planned change of legal form to a partnership limited by shares Positive outlook for 2019 with at least three further transactions Munich, April 16, […]
Group sales as expected at EUR 865.1 million Significantly increased profitability of the existing portfolio with Adjusted EBITDA of EUR 14.5 million and Group Adjusted EBITDA of EUR 4.5 million Management Board and Supervisory Board propose dividend of EUR 1.00 per share as in the previous year Mutares plans change of legal form to a […]
Publication of inside information pursuant to Article 17 of Regulation (EU) No 596/2014 Munich, April 08, 2019 – The Management Board and Supervisory Board of Mutares AG (ISIN: DE000A2NB650) today decided to propose to the Ordinary Annual General Meeting of the Company on May 23, 2019, to convert the Company into the legal form of […]
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