Mutares SE & Co. KGaA
ISIN: DE000A2NB650
WKN: A2NB65
29 November 2024 05:00PM

EQS-News: Mutares has completed the acquisition of Serneke Sverige from Serneke Group

Mutares SE & Co. KGaA · ISIN: DE000A2NB650 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 2041565

EQS-News: Mutares SE & Co. KGaA / Key word(s): Investment/Takeover
Mutares has completed the acquisition of Serneke Sverige from Serneke Group

29.11.2024 / 17:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


Mutares has completed the acquisition of Serneke Sverige from Serneke Group
 

  • Strengthening the Nordic presence and supporting Mutares Growth targets
  • New platform investment to strengthen the Engineering & Technology segment
  • Revenues of approx. EUR 700 million (approx. SEK 7.9 billion) in 2023
  • Fourth largest general contractor in Sweden

 
Munich, 29 November 2024 –
Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has completed the acquisition of Serneke Sverige AB from Serneke Group AB (publ). The company will strengthen the Engineering & Technology segment as a new Swedish platform investment.

Serneke Sverige is a leading general contractor focusing on the construction of service & infrastructure properties, residential properties, and commercial properties. The company has over 200 active projects and offers its services throughout Sweden. Clients primarily consist of public agencies, municipalities, and large private corporations. The company was founded in 2002 and currently employs ca. 750 employees.

Company profile of Mutares SE & Co. KGaA

Mutares SE & Co. KGaA, Munich (www.mutares.com), a listed private equity holding company with offices in Munich (HQ), Amsterdam, Bad Wiessee, Chicago, Frankfurt, Helsinki, London, Madrid, Milan, Mumbai, Paris, Shanghai, Stockholm, Vienna and Warsaw, acquires companies in special situations which show significant operational improvement potential and are sold again after undergoing a repositioning and stabilization process. For the fiscal year 2024, consolidated revenues of EUR 5.7 billion to EUR 6.3 billion are expected. Based on this, consolidated revenues are to be expanded to approx. EUR 7 billion by 2025 and EUR 10 billion by 2028. As the portfolio grows, so do consulting revenues, which together with portfolio dividends and exit proceeds accrue to the Mutares Holding. On this basis, the Holding Company is expected to generate a net income of EUR 108 million to EUR 132 million for the fiscal year 2024, EUR 125 million to EUR 150 million for the fiscal year 2025 and EUR 200 million for the fiscal year 2028. 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) and have been part of the selection index SDAX since December 2023.

For more information, please contact:

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

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

Press Contact in France
CLAI
Matthieu Meunier
Phone: +33 06 26 59 49 05
E-mail: matthieu.meunier@clai2.com

Press Contact in UK
14:46 Consulting
Tom Sutton
Phone: +44 7796 474940
E-mail: tsutton@1446.co.uk



29.11.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


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: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2041565

 
End of News EQS News Service

2041565  29.11.2024 CET/CEST

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Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 865,10 1.015,90 1.583,90 2.504,00 3.751,70 4.689,10 0,00
EBITDA1,2 49,10 79,20 142,70 566,50 181,50 756,90 0,00
EBITDA-Margin3 5,68 7,80 9,01 22,62 4,84 16,14 0,00
EBIT1,4 19,40 26,20 41,20 447,30 -3,10 436,90 0,00
EBIT-Margin5 2,24 2,58 2,60 17,86 -0,08 9,32 0,00
Net Profit (Loss)1 12,00 16,70 19,70 442,40 -21,00 367,10 0,00
Net-Margin6 1,39 1,64 1,24 17,67 -0,56 7,83 0,00
Cashflow1,7 -11,10 -10,70 -43,00 -103,50 -20,80 -27,50 0,00
Earnings per share8 0,96 1,37 1,78 26,83 -0,32 18,41 2,70
Dividend per share8 1,00 1,00 1,50 1,50 1,75 2,25 2,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: Deloitte

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
Mutares
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A2NB65 DE000A2NB650 SE & Co. KGaA 515,56 Mio € 10.06.2008 Kaufen 8FWH4HV2+3M
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
7,67 10,58 0,72 4,42 0,50 -18,75 0,11
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
1,75 2,25 2,00 8,28%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
06.06.2025 15.05.2025 12.08.2025 07.11.2024 29.04.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-1,63%
24,15 €
ATH 43,70 €
+2,03% -23,67% -31,78% -31,00% +82,13%

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