Subsidiary Zanders GmbH continues restructuring in self-management

Renovation plan to ensure paper manufacturer’s efficiency and existence / Company pensions and high raw material costs burden the growing company At the request of Zanders GmbH, the Cologne District Court today decided to reorganize the company under its own administration. A court-monitored remediation plan is to relieve the traditional paper manufacturer in Bergisch Gladbach […]

First quarter with revenue growth according to plan

The Mutares Group (ISIN: DE000A0SMSH2) generated total revenues of EUR 228.9 million and seasonally affected operating earnings (EBITDA) of EUR (3.4) million in the first quarter of 2018. The first quarter was dominated by the usual seasonal effect on the service business of the Engineering & Technology segment and preparations for the successful IPO of […]

Mutares publishes audited Group figures – Record revenues and earnings for FY2017

The Mutares Group (ISIN: DE000A0SMSH2) today published its annual report for the 2017 financial year. The year was characterized by the further development of the organization and brisk transaction activity with two extremely successful exits. The figures for the 2017 financial year and the 2016 reference year are reported for the first time on the […]

Successful placement of subsidiary STS Group AG

Not for release, publication or distribution, directly or indirectly, in or into the United States, Australia, Canada, Japan or any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction. Issue price of EUR 24 per share leads to a volume of over EUR 55 million Gross proceeds for […]

Mutares AG publishes preliminary figures for FY2017 – Group revenues and operating earnings significantly higher than previous year

Mutares AG (ISIN: DE000A0SMSH2) publishes preliminary, unaudited Group figures for financial year 2017 based on International Financial Reporting Standards (IFRS). As expected, Group revenues and operating earnings (EBITDA) in 2017 were significantly higher than in the previous year. Mutares was able to increase group revenues by around 38 percent to EUR 899.7 million (previous year: […]

Mutares AG subsidiary STS Group plans IPO in the Prime Standard

Mutares AG (ISIN: DE000A0SMSH2), a company listed in Scale 30 of the Frankfurt Stock Exchange, plans IPO of its subsidiary STS Group AG in 2018. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF […]

Mutares AG proposes dividend increase to EUR 1.00 per share after successful FY2017

The Management Board and Supervisory Board of Mutares AG (ISIN: DE000A0SMSH2) will propose an increase of the dividend to EUR 1.00 (previous year: EUR 0.35) to this year’s Annual General Meeting.

EUPEC confirms its successful turnaround and wins a EUR 5 million contract

The French pipe coater EUPEC, a holding of the investment company Mutares AG listed in the Scale 30 (ISIN: DE000A0SMSH2), announces the signing of a EUR 5 million contract. This award of contract underlines the success of EUPEC’s new strategy. Having found an agreement with its works council at the beginning of 2017, this represents […]

Mutares AG considers exit options for German commercial vehicle supplier STS Group

Investment company Mutares AG (ISIN: DE000A0SMSH2), listed on the Scale 30 index at Frankfurt Stock Exchange, is considering the sale or IPO of its portfolio company STS Group AG for this year. About STS Group Munich-based STS Group is a global market leader and supplier to the commercial vehicle industry. The company specializes in the […]

Mutares releases NAV for 31 December 2017

Mutares AG (ISIN: DE000A0SMSH2) looks back on a successful 2017 which was marked by continued growth. The Group publishes a NAV of EUR 398.6 million as of 31 December 2017, representing an annual increase of 29%. The main drivers of the revaluation are the Automotive and Engineering & Technology segments. The Mutares Group looks back […]