Mutares shows strong figures in Q3 2016

In the third quarter of 2016, the Mutares Group (ISIN: DE000A0SMSH2) generated revenues of EUR 159.3m and operating earnings (EBITDA) of EUR 4.2m. The management expects dynamic M&A activities in the coming three months.

In Q3 2016, the Mutares Group kept revenues almost stable at EUR 159.3m (Q3 2015: EUR 163.7m) despite of the deconsolidation of significant exits. The portfolio companies STS Acoustics, Elastomer Solutions, and Geesinknorba achieved again strong organic growth. The consolidated operating earnings (EBITDA) amounted to EUR 4.2m (Q3 2015: EUR 6.3m).

STS Acoustics, Elastomer Solutions, A+F, and Zanders improved significantly in Q3 2016.

Due to the sharpened investment focus on platform and add-on investments and the resulting sustainably attractive transaction pipeline, dynamic M&A activities can be expected. The management perceives Mutares as being well prepared to achieve its growth targets.