Earnings Release • Oct 20, 2020
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
- 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 â Mutares SE & Co. KGaA (ISIN: DE000A2NB650) („Mutaresâ) 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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