EQS-News: Mutares SE & Co. KGaA
/ Key word(s): Capital Markets Day/Investment
Mutares SE & Co. KGaA with ambitious growth targets for 2025 - attractive dividend policy reaffirmed
Munich, 21 October 2022 - Mutares SE & Co. KGaA (ISIN: DE000A2NB650) ("Mutares") yesterday presented its current strategy and expected business development until 2025 as well as its major investments La Rochette and Frigoscandia at the Capital Markets Day 2022. More than 200 participating investors, analysts and press representatives attended the hybrid event in Frankfurt am Main.
The current market and economic environment offer ideal conditions for Mutares to significantly expand its portfolio. The continuous expansion of the international presence ensures a sustained transaction flow for the planned growth. Mutares can currently draw from a deal pipeline with a revenue volume of more than EUR 8 billion and thus from the full. "We have already made twelve acquisitions in 2022 and in the coming months we will focus on generating further growth from the opportunity pool, which is despite these challenging times increasing strongly, and on growing further, especially in other European countries. At the same time, we have successfully realized the second largest exit in the history of Mutares with Nordec Group this year and see good opportunities in the next quarters to realize the first exits of the acquisitions from 2019, the beginning of our growth story," says Johannes Laumann, CIO of Mutares.
"Our track record over the past years demonstrates that Mutares generates and, above all, delivers sustainable value creation as promised, even in abnormal market situations - be it in times of pandemics or geopolitical tensions and the associated recessionary economic environment. This is also true for the future and especially our target to grow to consolidated revenues of at least EUR 7.0 billion by 2025, which suggests a dividend-related net income target of between EUR 125 and 150 million for Mutares shareholders," adds Robin Laik, founder and CEO of Mutares.
Company profile of Mutares SE & Co. KGaA
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21.10.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
|Company:||Mutares SE & Co. KGaA|
|Phone:||+49 (0)89-9292 776-0|
|Fax:||+49 (0)89-9292 776-22|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1468147|
|End of News||EQS News Service|
1468147 21.10.2022 CET/CEST