Mutares (MUX)

Business description

Founded and listed in 2008, mutares AG acquires special situation companies that are under performing and can be turned around through financial and operational restructuring. It currently owns 13 companies across five focus industries.

Stock data

Market cap.€210m
Last close€13.55
High / Low (52 weeks)€15.5 / €10.9
Stock market listingDB
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamIndustrials
SectorGeneral Industrials

Price performance

%1m3m12m
Actual7.57.420.7
Relative *7.12.73.7

* % Relative to local index

Other companies in sector Show

Company news

SPX Announces Agreement for Sale of European Power Generation Business ...

Wed, 23 Nov 2016 12:22:30 GMT

Mecaplast sells truck business to Germany's Mutares AG

Wed, 11 Jan 2017 19:41:15 GMT

DGAP-News: mutares AG: mutares positions itself for future development

Thu, 15 Sep 2016 07:32:05 GMT

mutares AG Acquires Paper Manufacturer Zanders GmbH; Will Retain Product Line

Wed, 05 Aug 2015 21:05:11 GMT

mutares AG (MUX.DE) Moving 4.08% in Session

Fri, 15 Dec 2017 14:15:00 GMT

Investment summary

Mutares continued to add new investments to its portfolio in H117, in particular enlarging the STS Group through add-on acquisitions. H117 earnings were supported by the disposals of EUPEC Germany and Fertigungstechnik Weissenfels (FTW). Consequently, portfolio NAV went up by 3.7% ytd to €319.4m as at end-June. Despite the positive FY17 outlook for key holdings and upward potential associated with ongoing restructuring projects, Mutares’s shares trade at a 36% discount to NAV.

Last updated on 28/09/2017

Key management

Christoph Himmel, Managing Director / Head of IR

Company address

Arnulfstra├če 19
Munich
80335
Germany
+49-89-9292776-0
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