Mutares AG publishes preliminary figures for FY2017 - Group revenues and operating earnings significantly higher than previous year
(WorldNews Germany)

Mutares AG (ISIN: DE000A0SMSH2) publishes preliminary, unaudited Group figures for financial year 2017 based on International Financial Reporting Standards (IFRS). As expected, Group revenues and operating earnings (EBITDA) in 2017 were significantly higher than in the previous year. Mutares was able to increase group revenues by around 38 percent to EUR 899.7 million (previous year: EUR 650.1 million) in the past financial year. The companies of STS Group, Balcke-Dürr Group and La Meusienne, which were included in the consolidated financial statements for the first time, contributed in particular to this. Operating...