Mutares SE & Co. KGaA

Report Publication Announcement • Jun 8, 2020

Earnings Report Mutares SE & Co. KGaA for Q1 2020

Earnings Report Mutares SE & Co. KGaA for Q1 2020

Statement

of Pr ofit and L oss

High

acquisition activity in last months drives P&L

3

Rounding

differences may occur

mEUR

Q1

2020 Q1

2019

Revenues

7.2

4.3

Other

income 0.1

0

Purchased

services -

0.4 -

0.3

Personnel

expenses -

3.0 -

2.1

Other

expenses -

4.7 -

2.3

EBITDA

-

0.9 -

0.4

Financial result

-

1.2 0.1

Net

Result -

2.2 -

0.4



P&L reflects the high level of acquisitions and the

corresponding growth of the Mutares holding



Revenues consist of consulting income and

management fees charged to portfolio companies.



Increase in personnel costs and other expenses due

to the recent growth of the company (recruitment of

new staff & establishment of new offices) and higher

accruals for yearly bonus.



Financial result includes bond related expenses



Net income usually negative throughout the year as

positive contribution from dividend income recorded in

Q4 only