Mutares Achieves EUR 3.4 Billion Revenue in H1 2026

In the first half of 2026, Mutares SE & Co. KGaA reported a 9% increase in group revenues, reaching EUR 3.4 billion compared to the previous year’s EUR 3.1 billion. The firm anticipates significant exit activities in the latter half of the year, maintaining its revenue guidance for the fiscal year.

The company completed its largest transaction to date, acquiring NexPoint Materials, with revenues around EUR 2 billion. Despite a drop in EBITDA from EUR 598 million to EUR 349 million, adjusted EBITDA improved to EUR 67 million, a notable jump from the previous year's negative EUR 89 million.

Mutares successfully complied with all bond covenants as of June 30, 2026, and reduced holding debt through a bond repurchase. The completed acquisition of Nord Gas Solutions further strengthened their portfolio.

Looking forward, Mutares confirmed their revenue target of EUR 7.9 billion to EUR 9.1 billion for 2026, driven by planned transactions and portfolio development. The management remains optimistic about achieving medium-term goals earlier than expected.