EQS-News: Mutares has successfully completed the acquisition of Cikautxo Rubber & Plastic Components (Kunshan) Co., Ltd. from CIKAUTXO S.COOP.
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EQS-News: Mutares SE & Co. KGaA
/ Key word(s): Investment/Takeover
Mutares has successfully completed the acquisition of Cikautxo Rubber & Plastic Components (Kunshan) Co., Ltd. from CIKAUTXO S.COOP.
Munich, June 17, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of CIKAUTXO Rubber & Plastic Components (Kunshan) Co., Ltd. (“Cikautxo China”) from CIKAUTXO S.COOP. The company will join the SFC Group, part of Amaneos, as a new add-on investment, strengthening the group’s presence in the market as global partner for plastic-based systems for the automotive industry and the Automotive & Mobility segment of Mutares. Established in 2011, Cikautxo China is a specialist in developing and producing rubber and plastic components for the automotive and household appliance industry, such as fluid-conducting, vibration-damping and sealing components, door seals, and inlet and outlet bellows for washing machines. The company supplies its broad product range to a wide range of blue-chip automotive customers such as Daimler, Ford, Geely and Volvo and household appliance customers such as BSH and Haier. Headquartered in Kunshan, Jiangsu province, China, the company generated revenues of approx. EUR 13 million in 2023 with significant growth potentials. With Cikautxo China, SFC Group gets a footprint that can serve immediately for the production of business already awarded in the past. The aim is to further expand the manufacturing footprint of SFC Group in Asia and provide better support to our existing customers and exploit new market opportunities as well. SFC Group offers fluid transfer systems, lightweight fluid products, and sealing solutions for the automotive industry. Amaneos is a global partner for automotive manufacturers based in Frankfurt am Main, Germany, with more than 30 sites worldwide and a network of manufacturing and development facilities.
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, 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 Press Contact in France Press Contact in UK
17.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| 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: | 1925979 |
| End of News | EQS News Service |
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1925979 17.06.2024 CET/CEST
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 | ||||||||
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026e | ||
| Sales1 | 1.583,90 | 2.504,00 | 3.751,70 | 4.689,10 | 5.261,60 | 6.500,00 | 8.300,00 | |
| EBITDA1,2 | 142,70 | 566,50 | 181,50 | 756,90 | 117,10 | 733,50 | 0,00 | |
| EBITDA-Margin3 | 9,01 | 22,62 | 4,84 | 16,14 | 2,23 | 11,29 | 0,00 | |
| EBIT1,4 | 41,20 | 447,30 | -3,10 | 436,90 | -346,80 | -350,00 | 0,00 | |
| EBIT-Margin5 | 2,60 | 17,86 | -0,08 | 9,32 | -6,59 | -5,39 | 0,00 | |
| Net Profit (Loss)1 | 19,70 | 442,40 | -21,00 | 367,10 | -459,90 | -450,00 | 0,00 | |
| Net-Margin6 | 1,24 | 17,67 | -0,56 | 7,83 | -8,74 | -6,92 | 0,00 | |
| Cashflow1,7 | -43,00 | -103,50 | -20,80 | -27,50 | -286,90 | 0,00 | 0,00 | |
| Earnings per share8 | 1,78 | 26,83 | -0,32 | 18,41 | -19,10 | -21,00 | 3,10 | |
| Dividend per share8 | 1,50 | 1,50 | 1,75 | 2,25 | 2,00 | 2,50 | 2,50 | |
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 | 584,94 Mio € | 10.06.2008 | Kaufen | 8FWH4HV2+3M |
| PE 2027e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 7,61 | 6,39 | 1,19 | 7,80 | 0,93 | -2,04 | 0,09 |
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Dividend '2023 in € |
Dividend '2024 in € |
Dividend '2025e in € |
Div.-Yield '2025e in % |
| 2,25 | 2,00 | 2,50 | 9,12% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 03.07.2026 | 12.05.2026 | 13.08.2026 | 12.11.2026 | 28.04.2026 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| -12,30% | -9,09% | -8,67% | -9,72% | +106,64% |
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