Revenues of the Goods & Services segment amounted to EUR 446.7 million in the financial year 2020 (previous year: EUR 83.5 million). Three platform investments strengthened the segment: Nexive Group, Terranor Group and SABO. EBITDA amounted to EUR 29.0 million (previous year: EUR 79.5 million), Adjusted EBITDA was EUR -17.0 million (previous year: EUR -7.3 million) and influenced in particular by the still negative earnings contributions of the new investments in the financial year 2020.

Outlook

Against the background of the acquisitions of the current financial year 2021 completed and signed by the preparation date and the planning of the individual segments, the Management Board expects a significant increase in revenues for the Mutares Group in the financial year 2021. All three segments are again expected to contribute to this. At the same time, the Management Board also confirms the communicated expectations for the annual result of Mutares SE & Co. KGaA ("Mutares Holding") of an exit-independent net return on Group revenues of 1%. This is based on management fees (consisting of consulting revenues and dividends). Based on current planning, the Management Board assumes that the ability of Mutares SE & Co. KGaA to pay dividends is also ensured for the financial year 2021 at least at the level of market expectations.

Invitation to Annual General Meeting with dividend proposal

The Management Board and Supervisory Board have decided to propose to this year's Annual General Meeting on 20 May 2021 that the shareholders of Mutares SE & Co. KGaA participate appropriately in the success of the successful financial year 2020. A dividend of EUR 1.50 per share will therefore be proposed to the Annual General Meeting. It will consist of a basis dividend of EUR 1.00 per share and a performance dividend of EUR 0.50 per share. Based on the closing price of the Mutares share as of March 31, 2021, the planned distribution corresponds to a dividend yield of 7.5%.

Conference call today at 14:00

A conference call (webcast) in English will be held today at 2:00 pm (CEST) for analysts, investors and members of the press. Registrations for this are possible by e-mail to ir@mutares.de. The presentation shown via webcast can be downloaded at https://mutares.de/en/investor-relations/.

The Annual Report 2020 is available for download on the Mutares website at https://mutares.de/en/investor-relations/ #download.

Company profile Mutares SE & Co. KGaA

Mutares SE & Co. KGaA, Munich (www.mutares.com), as a listed private equity holding company with offices in Munich (HQ), Frankfurt, London, Madrid, Milan, Paris, Stockholm and Vienna, acquires medium-sized companies and parts of larger groups with headquarters in Europe that show a clear potential for operational improvement and are sold again after undergoing a repositioning and stabilization process. Mutares actively supports and develops its portfolio companies with its own investment and consulting teams as well as through acquisitions of strategic add-ons. With for aim a ROIC (Return on Invested Capital) of 7 to 10 times on the total investment with a focus on sustainable growth of the portfolio companies. In 2020, Mutares SE & Co. KGaA generated consolidated revenues of approx. EUR 1.6 billion employing more than 12,000 people worldwide. Based on this, consolidated revenues are expected to increase to approximately EUR 3.0 billion by 2023. Mutares is strongly committed to a sustainable dividend policy consisting of a base dividend and a performance dividend. The shares of Mutares SE & Co. KGaA are listed on the Frankfurt Stock Exchange under the ticker symbol "MUX" (ISIN: DE000A2NB650).

For more information, please contact:

Mutares SE & Co. KGaA Investor Relations Phone +49 89 9292 7760 E-mail: ir@mutares.de www.mutares.de

Contact Press CROSS ALLIANCE communication GmbH Susan Hoffmeister Phone +49 89 125 09 0333 E-mail: sh@crossalliance.de www.crossalliance.de

Contact for press requests in France CLAI Gaëtan Commault - gaetan.commault@clai2.com / +33 06 99 37 65 64 Dorian Masquelier - dorian.masquelier@clai2.com / +33 07 77 26 24 57 -----------------------------------------------------------------------------------------------------------------------

2021-04-08 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. Archive at www.dgap.de ----------------------------------------------------------------------------------------------------------------------- 


Language:     English 
Company:      Mutares SE & Co. KGaA 
              Arnulfstr.19 
              80335 Munich 
              Germany 
Phone:        +49 (0)89-9292 776-0 
Fax:          +49 (0)89-9292 776-22 
E-mail:       ir@mutares.de 
Internet:     www.mutares.de 
ISIN:         DE000A2NB650 
WKN:          A2NB65 
Indices:      Scale 30 
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, 
              Tradegate Exchange 
EQS News ID:  1182093 
 
End of News   DGAP News Service 
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1182093 2021-04-08

(END) Dow Jones Newswires

April 08, 2021 01:25 ET (05:25 GMT)