Mutares Boosts Net Income by 56% in First Nine Months of 2025

In the first nine months of 2025, Mutares SE & Co. KGaA reported a 56% increase in holding net income, amounting to EUR 83.5 million. This growth is attributed to strategic divestments, including the partial exit from Locapharm and Steyr Motors. Despite a slight decrease in revenues from consulting services and management fees to EUR 77.6 million compared to EUR 84.3 million the previous year, the group's aggressive acquisition strategy led to an overall revenue increase of 21%. Group EBITDA surged to EUR 720.3 million, driven by gains from bargain acquisitions.

Mutares continued its portfolio expansion with acquisitions such as inTime Group and Kawneer EU. Five divestments were finalized, with significant exits like Terranor Group's public listing in Stockholm. The company expects further exits in the fourth quarter, aiming to increase group revenues to EUR 6.5-7.5 billion for the fiscal year 2025.