DGAP-News: mutares AG

Mutares adopts International Financial Reporting Standards (IFRS)

Mutares (ISIN: DE000A0SMSH2) wants to provide its shareholders with even greater transparency and adapts its reporting framework to the Group's increasing internationalization.

For this reason, the Group has decided to convert its financial reporting to IFRS (International Financial Reporting Standards) as of the financial year 2017. The consolidated financial statements for the fiscal year 2017 will be published on 13 June 2018 and will also include the comparative prior year 2016 in accordance with IFRS.

Mark Friedrich, CFO: "With the transition to IFRS, Mutares takes into account the Group's advanced internationalization and provides more transparency and enhanced comparability to our investors and all recipients of our external financial communications."

Company profile
Mutares AG, Munich (www.mutares.de), acquires companies that are being sold in the course of a repositioning process at their owners and that show a clear operational improvement potential. Getting engaged with its own teams, Mutares actively supports its portfolio companies to achieve a clear value increase. The focus of the operational work is to ensure sustainable, long-term growth. The shares of Mutares AG are listed on Frankfurt Stock Exchange under the ticker symbol "MUX" (ISIN: DE000A0SMSH2).
 
Contact:
Mutares AG
Soh-Pih Mariette Nikolai
Investor Relations & Corporate Communications
Tel. +49 89 9292776-0
Fax +49 89 9292776-22
ir@mutares.de
www.mutares.de