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PRESS RELEASE: Mutares SE & Co. KGaA: Mutares industrial holding provides insight into Group strategy and confirms dividend target at Capital Markets Day 2019

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DGAP-News: Mutares SE & Co. KGaA / Key word(s): Miscellaneous
Mutares SE & Co. KGaA: Mutares industrial holding provides insight into
Group strategy and confirms dividend target at Capital Markets Day 2019

2019-10-23 / 07:30
The issuer is solely responsible for the content of this announcement.

*Mutares industrial holding provides insight into Group strategy and
confirms dividend target at Capital Markets Day 2019*

- Successful development of platform investments, in particular,
Balcke-Duerr Group and Donges Group

- Binding offer submitted: takeover of ÖBB subsidiary Q Logistics would
already be the eighth transaction in 2019

- Commitment to continued sustainable dividend policy at a high level

- Dividend target of EUR 1.00 for the current financial year confirmed

*Munich, October 23, 2019 - Mutares SE & Co. KGaA (ISIN: DE000A2NB650 [1])
successfully hosted its first Capital Markets Day yesterday. Mutares gave an
insight into the group strategy, discussed the planned acquisition of Q
Logistics GmbH, and confirmed the sustainable dividend policy.*

More than 80 investors, analysts, and media representatives followed
Mutares' invitation to the Capital Markets Day in Frankfurt/Main. On this
occasion, CEO Robin Laik gave an insight into the current situation and
outlined the next strategic steps of the listed industrial holding company,
which specializes in companies in special situations with operational
improvement potential. To this end, Mutares pursues a buy & build approach
and complements platform investments in a strategic and value-enhancing
manner through targeted acquisitions, so-called add-on acquisitions as
explained in detail by CFO Mark Friedrich. The success of this approach has
recently been impressively demonstrated by the portfolio companies Donges
Group and Balcke-Dürr Group.

At Donges Group, Mutares' teams succeeded in developing the company from a
non-profitable EUR 40 million sales to a group with over EUR 350 million
annualized turnover and a clearly positive EBITDA margin within 24 months1.
Thus, Mutares built the Donges Group into a leading European and competitive
supplier of bridge and steel construction as well as roof and facade
systems.

Comparable success was experienced by the Balcke-Duerr Group, one of the
leading manufacturers of components for increasing energy efficiency and
reducing emissions for industry. Mutares continuously developed the group of
companies with two add-on acquisitions and the expansion of the service
portfolio. In particular, the impressive operative development in the
international service business for modernization of coal-fired power plants
represents excellent future exit potential.

"We now can see that our buy & build strategy is working and has yielded
gratifying added value for our largest investments. Such successes we strive
to achieve similarly with our latest platform investments Plati, the keeeper
group, and KICO," Mutares CEO Robin Laik explained.

Based on the announcements published last week, Mutares also announced the
submission of a binding offer to acquire Q Logistics GmbH, a logistics
subsidiary of Oesterreichische Bundesbahnen - Holding Aktiengesellschaft
(ÖBB). As such it is a potential new platform investment with
considerable potential for value appreciation, which is intended in
particular to drive forward further expansion in the promising Services
segment. In 2018, Q Logistics achieved sales of EUR 250 million and employed
around 920 people.

"We are very satisfied with the business development to date and hope to
have provided our shareholders, stakeholders, and media representatives with
an exciting insight into Mutares and our approach, and to have answered all
questions exhaustively at our first Capital Markets Day. Preconditions for
continued promising business development is a favorable environment despite
increasingly challenging external factors; the market for investment
companies is in robust shape. For this reason, we want to continue to grow
sustainably and at an appropriate rate. Always with the aim to have our
shareholders participate in the company's success also in the future, at
least maintaining the current dividend level and continuing to expand it
upwards," CEO Robin Laik commented on Capital Markets Day 2019 with a view
to the coming year.

1) Including Ruukki (after successful antitrust review)

*Company profile of Mutares SE & Co. KGaA*
Mutares SE & Co. KGaA, Munich ( [2]www.mutares.com [3]), acquires
medium-sized companies and parts of the group based in Europe, which are
being sold as part of a repositioning and have significant operational
improvement potential. Mutares actively supports and develops its portfolio
companies with its own investment and expert teams and by acquiring
strategic add-ons. The aim is to achieve a significant increase in value
with a focus on sustainable growth of the portfolio company. In fiscal year
2018, Mutares' investments generated consolidated sales of EUR 865 million
and employed more than 4,700 people worldwide. Mutares SE & Co. KGaA shares
are traded on the Frankfurt Stock Exchange under the symbol "MUX" (ISIN:
DE000A2NB650).

For further information:

*Mutares SE & Co. KGaA*
Corinna Lumpp
Manager Investor Relations & Strategy
Phone +49 89 9292 7760
Email: ir@mutares.com
www.mutares.com [3]

*Contact Press*
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone +49 89 1250 90330
Email: sh@crossalliance.de [4]
www.crossalliance.de [5]

2019-10-23 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, Frankfurt (Scale),
Stuttgart, Tradegate Exchange
EQS News ID: 893839

End of News DGAP News Service

893839 2019-10-23


1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=6be665b0521bbbe631357f5f9465d9f7&application_id=893839&site_id=vwd&application_name=news
2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=70ec9f453eb7976ee20f31fd30e14407&application_id=893839&site_id=vwd&application_name=news
3: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=467e773b2206aec0735fac03f31227e5&application_id=893839&site_id=vwd&application_name=news
4: mailto:sh@crossalliance.com
5: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=a9f6782523c75b88380cf9d9c4273e43&application_id=893839&site_id=vwd&application_name=news


(END) Dow Jones Newswires

October 23, 2019 01:30 ET ( 05:30 GMT)
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