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Mutares SE & Co. KGaA

Earnings Release Apr 20, 2018

6316_rns_2018-04-20_f6540cfa-38ce-4c09-806b-a7d64ea027ee.html

Earnings Release

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News Details

Corporate | 20 April 2018 13:16

Mutares AG proposes dividend increase to EUR 1.00 per share after successful FY2017

DGAP-News: Mutares AG / Key word(s): Dividend

20.04.2018 / 13:16

The issuer is solely responsible for the content of this announcement.


**Mutares AG proposes dividend increase to EUR 1.00 per share after successful FY2017

Munich, April 20, 2018 – The Management Board and Supervisory Board of Mutares AG (ISIN: DE000A0SMSH2) will propose an increase of the dividend to EUR 1.00 (previous year: EUR 0.35) to this year’s Annual General Meeting.**

At the level of the individual financial statements, Mutares AG successfully closed the 2017 financial year with a net income of EUR 17.6 million (previous year: EUR 5.5 million). For this reason, the Management Board and Supervisory Board of Mutares AG today decided to propose a dividend of EUR 1.00 per share (previous year: EUR 0.35) for the past fiscal year to the Annual General Meeting scheduled for July 20, 2018.

The dividend consists of a basic dividend of EUR 0.10 and a special dividend of EUR 0.90 per share, stemming from the proceeds of the successful sale of companies in 2017. The total planned dividend payout will thus amount to EUR 15.5 million.

In the fourth quarter of 2017, Mutares AG increased its revenues to EUR 3.2 million compared to the previous year (Q4-2016: EUR 1.8 million). Earnings for the period (net income) amounted to EUR 19.9 million in the fourth quarter of 2017 (Q4-2016: EUR 7.2 million) due to the sale of A+F.

With the conversion to IFRS, Mutares AG plans to publish the annual report for the year 2017 including the audited consolidated financial statements according to IFRS on June 13, 2018.

Company profile:

Mutares AG, Munich ( www.mutares.com ), acquires medium-sized companies and parts of groups that are sold during a repositioning and have a clear potential for operational improvement. Mutares actively supports develops its portfolio companies with its own investment and operational professionals as well as through acquisitions of strategic add-ons. The aim is to achieve a significant increase in value focusing on sustainable growth of the portfolio company. Mutares AG shares are traded on the Frankfurt Stock Exchange under the symbol “MUX” (ISIN: DE000A0SMSH2).

For further information, please contact us:

Mutares AG

Corinna Lumpp

Manager Investor Relations

Tel. +49 89 9292776-0

Fax +49 89 9292776-22

[email protected]

www.mutares.de


20.04.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.dgap.de


Language: English
Company: Mutares AG
Arnulfstr.19
80335 Munich
Germany
Phone: +49 (0)89-9292 776-0
Fax: +49 (0)89-9292 776-22
E-mail: [email protected]
Internet: www.mutares.de
ISIN: DE000A0SMSH2
WKN: A0SMSH
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Frankfurt (Scale), Stuttgart, Tradegate Exchange
End of News DGAP News Service

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