Mutares SE & Co. KGaA

Earnings Release • Apr 9, 2015

News Details

Corporate | 9 April 2015 08:30

mutares AG: mutares announces preliminary consolidated figures for record year 2014

mutares AG / Key word(s): Preliminary Results/Private Equity

2015-04-09 / 08:30

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The Munich-based mutares Group (ISIN: DE000A0SMSH2) closed FY 2014 with record high preliminary consolidated revenues and operating earnings, and an unprecedented cash and equity position.

According to preliminary consolidated figures (unaudited), mutares Group increased its revenues by 86.7% in FY 2014 to the record level of EUR 648.1m (2013: EUR 347.0m). Primary drivers were the newly acquired companies as well as the promising development at EUPEC. The mutares Group managed to grow its consolidated revenue for the sixth consecutive year.

The consolidated operating earnings (EBITDA) increased considerably to an all-time high of EUR 30.9m (2013: EUR 5.9m). In particular, the positive development at EUPEC contributed to this outstanding result. The successful turnaround of Artmadis and the significant restructuring progress at STS can be noted as additional highlights of the year.

The balance sheet of the mutares Group remains healthy and improved once again in FY 2014. Cash and cash equivalents increased by EUR 24.7m to the record level of EUR 69.8m (2013: EUR 45.1m). The Group’s equity increased by EUR 12.8m to EUR 50.7m (2013: EUR 37.9m); the equity ratio improved by 1.3pp to 12.6% (2013: 11.3%).

The Financial Report 2014 of the mutares Group will be published on April 15, 2015, together with the invitation to the Annual General Meeting.

Company profile of mutares AG

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 traded in the Open Market of the Frankfurt Stock Exchange (Entry Standard) under the symbol MUX (ISIN: DE000A0SMSH2).

For further information, please contact:

mutares AG

Christoph Himmel

Investor Relations & Corporate Communications

Tel. +49 89 9292776-0

Fax +49 89 9292776-22

ir@mutares.de

www.mutares.de

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