Mutares increases consolidated revenues by 14% in the first nine months

Press ReleasesNovember 7, 2024

• Revenues from consulting services and management fees of Mutares Holding grow by 12% to EUR 84.3 million in the first nine months of 2024 (previous year: EUR 75.5 million)
• Net income of Mutares Holding reaches EUR 53.5 million after the first nine months of 2024 (previous year: EUR 101.3 million) despite one-off expenses for the bond increase
• Group revenues increase by 14% to EUR 3,892.8 million (previous year: EUR 3,402.5 million); Adjusted EBITDA at EUR -16.5 million (previous year: EUR 19.4 million)
• New bond placed with investors for further growth and international expansion
• Successful IPO of defense subsidiary Steyr Motors in October

Sixth exit in 2024: Mutares successfully takes Steyr Motors public

Press ReleasesOctober 30, 2024

• Listing of Steyr Motors in the Scale segment of the Frankfurt Stock Exchange
• Globally leading specialist for tailor-made engines in mission-critical special defense and civil applications¹ with an international customer base
• 60% of revenue² from defense applications
• Successful turnaround under Mutares’ leadership with an adjusted EBIT³ margin of 24% in the first nine months of 2024
• Mutares sells 21% stake in the company and remains majority shareholder with 70.9% ownership

Thirteenth acquisition in 2024: Mutares has signed an agreement to acquire the business of Buderus Edelstahl GmbH from the voestalpine AG

Press ReleasesOctober 23, 2024

• New platform investment to strengthen the Engineering & Technology segment
• Renowned German manufacturer of high-quality special steels
• EUR 360 million in revenues generated in the fiscal year 2023/2024
• Total assets of approx. EUR 200 million transferred

Fifth exit in 2024: Mutares has signed an agreement to sell MobiLitas to Saniva for a purchase price in the single-digit million range

Press ReleasesOctober 1, 2024

Munich, October 1, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to sell MobiLitas to Saniva, a local successful entrepreneur, for an equity purchase price in the single million digit range. After the successful repositioning of MobiLitas, Mutares is now focusing on the core business of GoCollective in Denmark, which […]

Detailed statement by Mutares on the Gotham City research report and the short attack as well as the allegations made therein

Press ReleasesSeptember 27, 2024

Munich, September 27, 2024 – The Management Board of Mutares Management SE, the general partner of Mutares SE & Co. KGaA (ISIN: DE000A2NB650) (“Mutares”), has received the report of Gotham City Research on September 26, 2024, and issues the following detailed statement following an initial statement: The report published by Gotham City Research on September […]