Mutares SE & Co. KGaA is once again sponsoring international non-profit organizations for Christmas.These include the Fundación Altius, which supports those affected by the flood disaster in Spain, the Red Cross Opole in Poland, the organization Stelp e.V., which provides international humanitarian aid, a children’s hospice in Munich and the Trösteteddysproject of Kinderhilfe Diekholzen. “Supporting […]

• Strengthening the Nordic presence and supporting Mutares Growth targets
• New platform investment to strengthen the Engineering & Technology segment
• Revenues of approx. EUR 700 million (approx. SEK 7.9 billion) in 2023
• Fourth largest general contractor in Sweden

• 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

• 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