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Mutares SE & Co. KGaA

Earnings Release Oct 20, 2020

6316_rns_2020-10-20_e2fcb0bc-a55d-4233-a5ff-86a1c455b78b.html

Earnings Release

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Mutares SE & Co. KGaA on track: Private equity investor with new guidance - Targets for revenues and net result until 2023

Mutares SE & Co. KGaA on track: Private equity investor with new guidance - Targets for revenues and net result until 2023

Mutares SE & Co. KGaA on track: Private equity investor with new guidance - Targets for revenues and net result until 2023

- Holding revenues (dividends + other income from the portfolios) should increase to more than EUR 100 million by 2023, with a simultaneous growth target of consolidated Group revenues of EUR 3 billion

- Holding result (EBT) to be tripled by 2023 from EUR >20 million in 2019

- Management and Supervisory Board of Mutares Management SE propose basic dividend of EUR 1.00 with performance-based growth potential for fiscal year 2020

- Management and Supervisory Board of Mutares Management SE sees great buying and selling opportunities in times of Corona

Munich, 20 October 2020 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) („Mutares“) unanimously approved, at today´s joint meeting of the Management and Supervisory Board of its general partner Mutares Management SE, the strategic earnings targets of Mutares proposed by the Management Board.

Please see attached PDF t

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