DGAP-News: mutares increases its profitability significantly in H1-2015


DGAP-News: mutares AG / Key word(s): Half Year Results/Preliminary
Results
mutares increases its profitability significantly in H1-2015

03.09.2015 / 08:20

---------------------------------------------------------------------

The mutares Group (ISIN: DE000A0SMSH2) closed H1-2015 with a considerable
organic growth in revenues and a significant increase in profitability
based on preliminary figures. Given the dynamic transaction activities in
2015, mutares is confident to achieve another record year.

Despite the deconsolidation of two portfolio companies (CGVL and Suir
Pharma) the mutares Group increased its revenues in H1-2015 to the record
level of EUR 311.6m (H1-2014: EUR 307.5m) based on preliminary consolidated
figures. Primary drivers were EUPEC, STS Acoustics, Elastomer Solutions,
and Geesinknorba. The four companies achieved an organic growth in revenues
of more than 25% compared to H1-2014. The operating earnings (EBITDA) of
the Group could be increased significantly by 24.7% to EUR 12.9m (H1-2014:
EUR 10.4m). In particular, the positive development at EUPEC, STS
Acoustics, and Elastomer Solutions contributed to this result.

After the acquisitions of the specialty paper manufacturer Zanders and the
pipeline manufacturer BSL, mutares successfully closed the acquisition of
the French omni-channel distributor Grosbill (www.grosbill.com) from Groupe
Auchan. In 2014,
Grosbill generated sales of EUR 109m with 150 employees via its website and
its network of nine stores. Based on its dynamic transaction activities and
a well filled M&A pipeline, mutares expects a further revenue increase in
H2-2015. Hence, the seventh consecutive record year can be expected. The
half year report of the mutares Group will be published on September 17,
2015.

Company profile of mutares AG

mutares AG, Munich (www.mutares.de), acquires companies, that are being
sold in the course of a repositioning process at their owners and that show
a clear operational improvement potential. Getting engaged with its own
teams, mutares actively supports its portfolio companies to achieve a clear
value increase. The focus of the operational work is to ensure sustainable,
long-term growth. The shares of mutares AG are traded in the Open Market of
the Frankfurt Stock Exchange (Entry Standard) under the symbol MUX (ISIN:
DE000A0SMSH2).

For further information, please contact:

mutares AG
Christoph Himmel
Investor Relations & Corporate Communications
Tel. +49 89 9292776-0
Fax +49 89 9292776-22
ir@mutares.de
www.mutares.de



---------------------------------------------------------------------

03.09.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------


392197 03.09.2015