12.05.2022 Mutares SE & Co. KGaA  DE000A2NB650

DGAP-News: Mutares has successfully completed the acquisition of ATI's Sheffield operations


 

DGAP-News: Mutares SE & Co. KGaA / Key word(s): Investment/Private Equity
Mutares has successfully completed the acquisition of ATI's Sheffield operations

12.05.2022 / 14:00
The issuer is solely responsible for the content of this announcement.


Mutares has successfully completed the acquisition of ATI's Sheffield operations 
  • New platform acquisition will operate under the name Special Melted Products Limited in the future
  • Supplier of forged and machined products
  • Expected revenues in 2022 of approx. EUR 80 million

Munich, 12 May 2022 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of the Sheffield operations of Allegheny Technologies Incorporated (ATI). The company strengthens the Engineering & Technology segment as a new platform acquisition and will from now on operate under its new name Special Melted Products Limited.

The operation is located in Sheffield, UK, and employs approximately 190 people. In the financial year 2022 revenues of approximately EUR 80 million are expected. The company uses vacuum induction melting, secondary remelting and rotary precision forging to produce a range of robust, quality products in low alloy steels, stainless steels and nickel-based superalloys. The business’s extensive in-house metallurgical and forging capabilities allow it to supply a wide range of products and reduce supply chain complexity for its customers by acting as a "one-stop-shop."

Company profile of Mutares SE & Co. KGaA

Mutares SE & Co. KGaA, Munich (www.mutares.de), as a listed private equity holding company with offices in Munich (HQ), Amsterdam, Frankfurt, Helsinki, London, Madrid, Milan, Paris, Stockholm and Vienna, acquires medium-sized companies in special situations, based in Europe, which show significant operational improvement potential and are sold again after undergoing a repositioning and stabilization process. Mutares actively supports and develops the portfolio companies with its own investment and operations teams as well as through acquisitions of strategic add-ons. With a focus on sustainable growth of the portfolio companies, the objective is to achieve a significant increase in value with a return on invested capital (ROIC) of 7 to 10 times on the total investment. In the financial year 2021, the Mutares Group generated consolidated revenues of EUR 2.5 billion with an average of around 14,000 employees worldwide. For the financial year 2022, consolidated revenues of at least EUR 4 billion are expected. Based on this, consolidated revenues are to be expanded to at least EUR 5 billion by 2023. As the portfolio grows, so do consulting revenues, which together with portfolio dividends and exit proceeds accrue to the Mutares Holding. At this level, the medium- to long-term target for the Holding Company's dividend-relevant net income is in a range of 1.8% to 2.2% of consolidated revenues. Mutares relies strongly on a sustainable dividend policy consisting of a base dividend and a performance dividend. The Management Board and Supervisory Board together hold more than one third of all Mutares shares with voting rights. The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650).

For more information, please contact:

Mutares SE & Co. KGaA
Investor Relations
Phone +49 89 9292 7760
E-mail: [email protected]
www.mutares.de

Contact Press
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone +49 89 125 09 0333
E-mail: [email protected]
www.crossalliance.de

Contact for press inquiries in France
CLAI
Gaëtan Commault - [email protected] / +33 06 99 37 65 64
Antoine Szarzewski - [email protected] / +33 07 72 45 47 80

 

 



12.05.2022 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.
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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: [email protected]
Internet: www.mutares.de
ISIN: DE000A2NB650
WKN: A2NB65
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1349639

 
End of News DGAP News Service

1349639  12.05.2022 

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 899,70 865,10 1.015,90 1.583,90 2.504,00 3.751,70 5.100,00
EBITDA1,2 67,10 49,10 79,20 142,70 566,50 181,50 0,00
EBITDA-Marge3 7,46 5,68 7,80 9,01 22,62 4,84
EBIT1,4 40,00 19,40 26,20 41,20 447,30 -3,10 0,00
EBIT-Marge5 4,45 2,24 2,58 2,60 17,86 -0,08 0,00
Jahresüberschuss1 43,90 12,00 16,70 19,70 442,40 -21,00 0,00
Netto-Marge6 4,88 1,39 1,64 1,24 17,67 -0,56 0,00
Cashflow1,7 -29,10 -11,10 -10,70 -43,00 -103,50 -20,80 0,00
Ergebnis je Aktie8 2,85 0,96 1,37 1,78 26,83 -0,32 1,80
Dividende8 1,00 1,00 1,00 1,50 1,50 1,75 0,35
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Deloitte

INVESTOR-INFORMATIONEN
©boersengefluester.de
Mutares
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A2NB65 35,200 Kaufen 741,27
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
14,67 13,64 1,10 10,77
KBV KCV KUV EV/EBITDA
1,10 - 0,20 5,93
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
1,75 2,25 6,39 04.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
07.05.2024 13.08.2024 09.11.2023 11.04.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
1,32% 20,92% -0,57% 87,43%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu Mutares SE & Co. KGaA  ISIN: DE000A2NB650 können Sie bei EQS abrufen


Beteiligungen , A2NB65 , MUX , XETR:MUX