Audit Report / Information • Jan 17, 2018
Audit Report / Information
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Corporate | 17 January 2018 14:03
Mutares adopts International Financial Reporting Standards (IFRS)
DGAP-News: mutares AG / Key word(s): Miscellaneous
17.01.2018 / 14:03
The issuer is solely responsible for the content of this announcement.
Mutares adopts International Financial Reporting Standards (IFRS)
Mutares (ISIN: DE000A0SMSH2) wants to provide its shareholders with even greater transparency and adapts its reporting framework to the Group’s increasing internationalization.
For this reason, the Group has decided to convert its financial reporting to IFRS (International Financial Reporting Standards) as of the financial year 2017. The consolidated financial statements for the fiscal year 2017 will be published on 13 June 2018 and will also include the comparative prior year 2016 in accordance with IFRS.
Mark Friedrich, CFO: “With the transition to IFRS, Mutares takes into account the Group’s advanced internationalization and provides more transparency and enhanced comparability to our investors and all recipients of our external financial communications.”
Company profile
Mutares AG, Munich (www.mutares.de), acquires 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 shares of Mutares AG are listed on Frankfurt Stock Exchange under the ticker symbol “MUX” (ISIN: DE000A0SMSH2).
Contact:
Mutares AG
Soh-Pih Mariette Nikolai
Investor Relations & Corporate Communications
Tel. +49 89 9292776-0
Fax +49 89 9292776-22
17.01.2018 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 |
| Listed: | Regulated Unofficial Market in Berlin, Frankfurt (Scale), Stuttgart, Tradegate Exchange |
| End of News | DGAP News Service |
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