Mutares increases again profitability in the first quarter 2016

The Mutares Group (ISIN: DE000A0SMSH2) increased its operating earnings (EBITDA) to EUR 4.4m by generating revenues of EUR 152.8m in the first quarter. The management expects 2016 to be another record year driven by dynamic M&A activities in the coming months.

In Q1 2016, the Mutares Group generated revenues of EUR 152.8m (Q1 2015: EUR 169.9m). The development of revenues was effected by the deconsolidation of the recent exits. The operative result (EBITDA) increased to EUR 4.4m (Q1 2015: EUR 4.2m), mainly due to the operational progress of portfolio companies acquired in 2015. This reflects and proves again the group’s operational capability as well as the restructuring competence of Mutares. For the coming months, dynamic M&A activities can be expected due to Mutares’ attractive transaction pipeline. Therefore, the management anticipates 2016 to be another record year.