Mutares is thriving: sales jump and record-breaking exit!

Mutares is thriving: sales jump and record-breaking exit!

The lighting manufacturer Zumtobel plans to invest a total of 191 million euros in research and development over the next three years. This announcement, made on Wednesday, focuses on developing smart lighting solutions for both indoor and outdoor environments, particularly for smart buildings and smart cities. Despite this future-oriented orientation, the company is faced with challenges: The construction economy is weak, which is leading to stagnating sales in the first half of 2024/25. Restructuring costs increased the operating profit slightly from 40.0 million to 41.2 million euros, while the profit for the period fell from 21.2 million to 18.4 million euros, as ORF Vorarlberg reported.

Successful exit and increase in sales at Mutares

In contrast, Mutares SE & Co. KGaA made great progress in the first nine months of the 2023 financial year. The company's revenue increased by 27% to €3.4 billion and net profit reached an impressive €101.3 million, a dramatic increase compared to €16.2 million last year. This positive development was primarily triggered by the sale of Special Melted Products (SMP), which, with an inflow of around 150 million euros, is considered the largest exit in the company's history. Mutares also recorded a 66% increase in advisory and management fee revenues, driven by high transaction activity in the portfolio, such as Mutares reported.

These two companies are in contrast to each other: While Zumtobel is struggling with stagnating sales, Mutares can continue to benefit from successful exits and increasing sales. Mutares' acquisition activities and strategic sales indicate a clear growth strategy to be implemented over the next few years.