Mutares SE & Co. KGaA: Annual General Meeting Approves Dividend of EUR 2.25 Per Share

The Annual General Meeting of Mutares SE & Co. KGaA has approved a dividend of EUR 2.25 per share for the fiscal year 2023. This marks an increase from the previous year’s dividend of EUR 1.75. The decision received overwhelming support, with 99.98% approval. Approximately EUR 47.4 million will be distributed as dividends.

Management Board members, Robin Laik and Mark Friedrich, led the meeting, highlighting the company’s growth and restructuring achievements in 2023. Mutares completed 16 acquisitions and executed seven exits, including the largest in its history—the sale of Special Melted Products.

Mutares is expanding into China and India, with significant economic growth anticipated in these regions. In Q1 2024, the company boosted its bond volume to EUR 250 million, preparing for further portfolio growth.

Looking ahead, Mutares forecasts consolidated revenues between EUR 5.7 billion to EUR 6.3 billion and a net income of EUR 108 million to EUR 132 million for the fiscal year 2024.