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EQS-News: Mutares included in the MSCI Germany Small Cap Index


EQS-News: Mutares SE Co. KGaA / Key word(s): Miscellaneous
Mutares included in the MSCI Germany Small Cap Index

17.11.2023 / 11:32 CET/CEST
The issuer is solely responsible for the content of this announcement.


Mutares included in the MSCI Germany Small Cap Index

  • Inclusion in the MSCI Germany Small Cap Index on November 30, after close of trading
  • More liquid trading by index-oriented investors
  • Greater attention from institutional investors

Munich, November 17, 2023 – The shares of Mutares SE Co. KGaA (ISIN: DE000A2NB650) will be promoted within the index family of the US financial services provider MSCI Inc. As announced by MSCI within the quarterly index review, Mutares will be included in the MSCI Germany Small Cap Index. The changes will take place after close of trading on November 30, 2023.

"The selection of the Mutares shares as part of the current index review by MSCI is a great success for our Company on the capital market and a well-deserved reward for our hard work in recent years. The inclusion in the index is associated with more liquid trading in our share. At the same time, the Mutares share is becoming even more attractive, especially for institutional investors. Interest in our business model is very high, as we have recently seen during our roadshow in the USA," says Mark Friedrich, CFO of Mutares, whose Management Board mandate was extended a few days ago for a further four years until December 31, 2027.

MSCI Inc., headquartered in New York, is a leading global provider of investment decision support applications. MSCI products and services include indices, portfolio risk and valuation methodologies, and securities for portfolio management applications. The US financial services provider's outstanding products include the highly regarded MSCI indices.

 

Company profile of Mutares SE Co. KGaA

Mutares SE Co. KGaA, Munich (www.Mutares.com), as a listed private equity holding company with offices in Munich (HQ), Amsterdam, Frankfurt, Helsinki, London, Madrid, Milan, Paris, Shanghai, Stockholm, Vienna and Warsaw, 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. For the fiscal year 2023, consolidated revenues of EUR 4.8 billion to EUR 5.4 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. Accordingly, net income in the holding company is expected to be in the range of 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).

 

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

Contact Press France
CLAI
Matthieu Meunier
Phone: +33 06 26 59 49 05
E-mail: [email protected]



17.11.2023 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
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1776309

 
End of News EQS News Service

1776309  17.11.2023 CET/CEST

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Mutares SE & Co. KgaA Stock

€42.20
-1.170%
We can see a decrease in the price for Mutares SE & Co. KgaA. Compared to yesterday it has lost -€0.500 (-1.170%).
Currently there is a rather positive sentiment for Mutares SE & Co. KgaA with 4 Buy predictions and 1 Sell predictions.
As a result the target price of 45 € shows a slightly positive potential of 6.64% compared to the current price of 42.2 € for Mutares SE & Co. KgaA.
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