DGAP-News: Mutares AG: mutares again with strong growth
(firmenpresse) - DGAP-News: Mutares AG / Key word(s): AGM/EGM
Mutares AG: mutares again with strong growth
19.07.2013 / 18:58
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Munich, July 19, 2013
Due to the further expansion of its portfolio mutares AG recorded a
satisfactory growth in sales and earnings in the short financial year 2012.
In the period from April 1, 2012 until December 31, 2012, group sales have
reached EUR 301.2m (previous year EUR 159.3m) and operating profit (EBITDA)
EUR 22.4m (previous year EUR 18.5 m).
This was due to the acquisition and integration of three new investments.
mutares held on December 31, 2012 eleven investments in Europe with more
than 3'000 employees.
'With total assets exceeding EUR 301m and equity of EUR 50m the mutares
group is well positioned for further growth in the turn-around business'
Dr. Axel Geuer, Co-founder of mutares, explains.
The general shareholder meeting of mutares AG, held on Friday, 19th of July
2013 in Munich, accepted all the proposals from the administration.
Attending shareholders amounted to 90,7 percent of the share capital. As
proposed by the administration, the shareholder meeting agreed to pay a
dividend of EUR 4.08 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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222137 19.07.2013
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Datum: 19.07.2013 - 18:58 Uhr
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