mutares with strong growth

mutares AG significantly increased sales and earnings in its fiscal year 2011/12 as a result of the expansion of its portfolio. Group sales grew to EUR 159.3m and operating result (EBIT) to EUR 12.6m in the reporting period ended March 31, 2012.

“With total assets exceeding EUR 148m the mutares group is well positioned for further growth in the restructuring business” comments Robin Laik, co-founder of mutares.

At the Annual General Meeting of mutares AG, held on Friday, November 16 in Munich, all of the resolutions submitted by the Executive Board and the Supervisory Board were approved with large majority of the attending shareholders (attendance: 97 percent of the share capital). As proposed by the Executive Board and the Supervisory Board, the shareholders voted for a dividend of EUR 0.70 to be paid on each share entitled to dividend.