DGAP-News: Mutares AG: mutares with strong growth
(firmenpresse) - DGAP-News: Mutares AG / Key word(s): AGM/EGM/Dividend
Mutares AG: mutares with strong growth
19.11.2012 / 09:59
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Due to the further expansion of its portfolio mutares AG has increased
sales and profits in the fiscal year 2011/12 significantly. In the year
ending March 31, 2012, group sales have reached EUR 159.3 m. with profits
(EBIT) of EUR 12.6 m.
'With total assets exceeding EUR 148m the mutares group is well positioned
for further growth in the turn-around business' Robin Laik, Co-founder of
mutares, explains.
The general shareholder meeting of mutares AG, held on Friday, 16th of
November in Munich, accepted all the proposals from the administration.
Attending shareholders amounted to 97 percent of the share capital. As
proposed by the administration, the shareholder meeting agreed to pay a
dividend of EUR 0.70 per share.
mutares AG, Munich (www.mutares.de), acquires midsized companies, that are
being sold in the course of a repositioning process at their owners and
that show a clear operational improvement potential. Getting engaged with
its own teams, mutares actively supports its portfolio companies to achieve
a clear value increase. The focus of the operational work is to ensure
sustainable, long-term growth.
The stocks of mutares AG are being listed at the Open Market segment of the
Berlin stock exchange (symbol: MUX, ISIN: DE000A0SMSH2).
For further information, we gladly receive your request at:
mutares AG
Susanne Staudt
Investor Relations&Corporate Communications
Tel: +49 (0)89 9292776-0
Fax: +49 (0)89 9292776-22
info(at)mutares.de
End of Corporate News
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