From Nasdaq: 2025-04-29 03:18:00

Mutares SE & Co. KGaA reported a profit in the first quarter, with net income increasing to 247.9 million euros, EBIT reaching 282.2 million euros, and EBITDA rising to 379.7 million euros. However, Adjusted EBITDA was a loss of 30.1 million euros. Revenue increased to 1.53 billion euros. The company aims to reach 10 billion euros in group revenues and 200 million euros in net income by 2028. Full-year revenue is expected to be between 6.5 billion euros and 7.5 billion euros, with net income in the range of 130 million euros to 160 million euros. Mutares is trading at EUR 31.05, down 6.90% on the Frankfurt Stock Exchange.



Read more at Nasdaq: Mutares Reports Q1 Profit; Sees Increased Revenue In FY25