EQS-News

Mutares publishes annual report 2023: Net income of Mutares Holding increases to EUR 102.5 million – Further increase to between EUR 108 million and EUR 132 million expected for fiscal year 2024

EQS-News: Mutares SE & Co. KGaA / Key word(s): Annual Report/Annual Results Mutares publishes annual report 2023: Net income of Mutares Holding increases to EUR 102.5 million – Further increase to between EUR 108 million and EUR 132 million expected for fiscal year 2024 11.04.2024 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. Mutares publishes annual report 2023: Net income of Mutares Holding increases to EUR 102.5 million – Further increase to between EUR 108 million and EUR 132 million expected for fiscal year 2024

• Net income of Mutares Holding for fiscal year 2023 increases by 41% to EUR 102.5 million (previous year: EUR 72.9 million); Revenues of Mutares Holding grow by 46% to EUR 103.6 million (previous year: EUR 71.1 million)
• Dividend planned to increase by 29% to EUR 2.25 per share for fiscal year 2023 (previous year: EUR 1.75)
• Group revenues increase by 25% to EUR 4,689.1 million (previous year: EUR 3,751.7 million), Group EBITDA at EUR 756.9 million (previous year: EUR 181.5 million), boosted by effects from the transactions
• Adjusted EBITDA of EUR 3.5 million (previous year: EUR -32.7 million) reflects the progress made in restructuring and developing the portfolio
• Early refinancing and placement of a new senior secured floating rate bond with a current total volume of EUR 250 million
• Forecast for the net income of Mutares Holding for the fiscal year 2024 of EUR 108 million to EUR 132 million with expected Group revenues of EUR 5.7 billion to EUR 6.3 billion

Munich, April 11, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) today published its annual report for the fiscal year 2023. Mutares recorded significant growth both at Company level ("Mutares Holding") and at Group level ("Mutares Group"). In addition to continued promising momentum on the acquisition side with 16 completed acquisitions of portfolio companies, Mutares also completed 7 exits in the fiscal year 2023, including the sale of Special Melted Products ("SMP"), the largest exit in the Company's history to date.