Mutares SE KGaA Management

Management criteria checks 3/4

Mutares SE KGaA's CEO is Robin Laik, appointed in Feb 2008, has a tenure of 16.17 years. total yearly compensation is €6.29M, comprised of 15.9% salary and 84.1% bonuses, including company stock and options. directly owns 24.96% of the company’s shares, worth €217.35M. The average tenure of the management team and the board of directors is 9 years and 5.8 years respectively.

Key information

Robin Laik

Chief executive officer

€6.3m

Total compensation

CEO salary percentage	15.9%
CEO tenure	16.2yrs
CEO ownership	25.0%
Management average tenure	9yrs
Board average tenure	5.8yrs

Recent management updates

No updates

Recent updates

Investors Aren't Buying Mutares SE & Co. KGaA's (ETR:MUX) Earnings

Mar 22

If EPS Growth Is Important To You, Mutares SE KGaA (ETR:MUX) Presents An Opportunity

Jan 27

Here's Why Mutares SE KGaA (ETR:MUX) Has Caught The Eye Of Investors

Jul 23

CEO Compensation Analysis

How has Robin Laik's remuneration changed compared to Mutares SE KGaA's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	€6m	€1m	€397m
Sep 30 2023	n/a	n/a	€292m
Jun 30 2023	n/a	n/a	€289m
Mar 31 2023	n/a	n/a	€89m
Dec 31 2022	€6m	€1m	-€7m
Sep 30 2022	n/a	n/a	€69m
Jun 30 2022	n/a	n/a	€82m
Mar 31 2022	n/a	n/a	€380m
Dec 31 2021	€5m	€1m	€449m
Sep 30 2021	n/a	n/a	€418m
Jun 30 2021	n/a	n/a	€395m
Mar 31 2021	n/a	n/a	€61m
Dec 31 2020	€3m	€800k	€27m

Compensation vs Market: Robin's total compensation ($USD6.73M) is above average for companies of similar size in the German market ($USD1.29M).

Compensation vs Earnings: Robin's compensation has been consistent with company performance over the past year.

CEO

Robin Laik (51 yo)

16.2yrs

Tenure

€6,289,000

Compensation

Mr. Robin Laik Co-Founded at Mutares SE & Co. KGaA in February 01, 2008. He has been Chief Executive Officer of Mutares Management SE-General Partner of Mutares SE & Co. KGaA since February 2018 and Member...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Robin Laik	Co Founder	16.2yrs	€6.29m	24.96% € 217.4m
Mark Friedrich	CFO & Member of Executive Board of Mutares Management SE	9yrs	€3.19m	no data
Fatmir Veselaj	Head of Operations	no data	no data	no data
Katarzyna Gruber	Head of Accounting	no data	no data	no data
Christian Bardorsch	Senior Manager IT	no data	no data	no data
Jan Thöle	General Counsel	no data	no data	no data
Lennart Bauernfeind	Compliance Officer	3.3yrs	no data	no data
Jessica Mair	Senior Manager of Marketing & Communications	less than a year	no data	no data
Lena der Lan	Head of Human Resources	no data	no data	no data
Kristian Schleede	Chairman of the Supervisory Board of Mutares Management SE	9.1yrs	€2.28m	no data
Lennart Schley	Managing Director	no data	no data	no data
Philip Szlang	Managing Director	9.3yrs	no data	no data

9.0yrs

Average Tenure

51yo

Average Age

Experienced Management: MUX's management team is seasoned and experienced (9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Volker Rofalski	Chairman of the Supervisory Board	16.2yrs	€50.00k	no data
Axel Müller	Deputy Chairman of the Supervisory Board	5.8yrs	€45.00k	no data
Lothar Koniarski	Member of Supervisory Board	5.8yrs	€20.00k	no data
Raffaela Rein	Member of the Supervisory Board	1.9yrs	€12.50k	no data

5.8yrs

Average Tenure

59.5yo

Average Age

Experienced Board: MUX's board of directors are considered experienced (5.8 years average tenure).

Mutares SE KGaA Management

Management criteria checks 3/4

Key information

Recent management updates

Recent updates

Mutares SE & Co. KGaA (XTRA:MUX) completed the acquisition of unknown minority stake in Sofinter S.p.A.

Mutares SE & Co. KGaA (XTRA:MUX) acquired Greenview Group Ltd from Cordovan Capital Partners II LP a fund managed by Cordovan Capital Management Ltd.

Consensus EPS estimates increase from loss to €1.73 profit, revenue downgraded

New major risk - Earnings quality

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Mutares SE & Co. KGaA Proposes Dividend for the Fiscal Year 2023

Investors Aren't Buying Mutares SE & Co. KGaA's (ETR:MUX) Earnings

Mutares SE & Co. KGaA (XTRA:MUX) signed f a definitive agreement to acquire Magirus GmbH from Iveco Group N.V. (BIT:IVG).

Consensus EPS estimates increase from loss to €11.19 profit

Dachser Se acquired Frigoscandia AB from Mutares SE & Co. KGaA (XTRA:MUX).

Mutares SE & Co. KGaA (XTRA:MUX) agreed to acquire Temakinho S.R.L. from Cigierre - Compagnia Generale Ristorazione S.p.A.

New minor risk - Shareholder dilution

Mutares SE & Co. KGaA to Report Q1, 2024 Results on May 07, 2024

If EPS Growth Is Important To You, Mutares SE KGaA (ETR:MUX) Presents An Opportunity

Price target increased by 8.3% to €39.28

Mutares SE & Co. KGaA (XTRA:MUX) completed the acquisition of High Precision Components Witten GmbH from Westebbe Verwaltungs GmbH and Peter Flaschel.

Mutares SE & Co. KGaA (XTRA:MUX) acquired SRT Group from GeoPost SA.

Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire PRINZ Kinematics GmbH (“PRINZ”) from AL-KO Kober SE.

Price target increased by 8.0% to €36.28

Third quarter 2023 earnings released

Mutares SE & Co. KGaA (XTRA:MUX) has submitted an irrevocable proposal to acquire unknown minority stake in Sofinter S.p.A.

Mutares SE & Co. KGaA Updates Dividend Strategy

Cogne Acciai Speciali S.p.a. acquired ATI Specialty Materials, Ltd. from Mutares SE & Co. KGaA (XTRA:MUX) for an enterprise value of €180 million.

Mutares SE & Co. KGaA (XTRA:MUX) sent an irrevocable offer to acquire Stuart from GeoPost SA.

SABO Holding GmbH acquired SABO-Maschinenfabrik GmbH from Mutares SE & Co. KGaA (XTRA:MUX)

Mutares SE & Co. KGaA (XTRA:MUX) completed the acquisition of SELZER Fertigungstechnik GmbH & Co. KG from INDUS Holding AG (XTRA:INH).

Mutares SE & Co. KGaA (XTRA:MUX) acquired WALOR S.A.

Mutares SE & Co. KGaA (XTRA:MUX) acquired GlÄSerne Molkerei Gmbh from Emmi AG (SWX:EMMN).

New major risk - Earnings quality

Second quarter 2023 earnings released: EPS: €10.98 (vs €1.30 in 2Q 2022)

Mutares SE & Co. KGaA (XTRA:MUX) agreed to acquire forging business in Germany of CIE Automotive for an enterprise value of €55.5 million.

Mutares SE & Co. KGaA (XTRA:MUX) agreed to acquire SELZER Fertigungstechnik GmbH & Co. KG from INDUS Holding AG (XTRA:INH).

Mutares SE & Co. KGaA (XTRA:MUX) signed an agreement to acquire Recover Nordic Oy from Recover Nordic AS

Mutares SE & Co. KGaA Proposes Dividend for the Financial Year 2022

Upcoming dividend of €2.00 per share at 8.0% yield

Mutares SE & Co. KGaA (XTRA:MUX) acquired three business operations from Arriva Sverige AB.

Consensus estimates of losses per share improve by 79%

Price target increased by 8.5% to €33.50

Cogne Acciai Speciali S.p.a. entered into an agreement to acquire ATI Specialty Materials, Ltd.from Mutares SE & Co. KGaA (XTRA:MUX) for €180 million.

Full year 2022 earnings: EPS and revenues miss analyst expectations

Holcim Ltd (SWX:HOLN) signed an agreement to acquire FDT Flachdach Technologie GmbH from Mutares SE & Co. KGaA.

Mutares SE & Co. KGaA (XTRA:MUX) acquired Palmia Oy from Helsingin kaupunki.

Mutares in Talks to Buy Walor

Mutares SE & Co. KGaA (XTRA:MUX) acquired 50% stake in Peugeot Motocycles SAS from Mahindra Two Wheelers Europe Holding S.a.r.l.

Essex Furukawa Magnet Wire Europe Gmbh entered into an agreement to acquire Lacroix + Kress GmbH from Mutares SE & Co. KGaA (XTRA:MUX).

Essex Furukawa Magnet Wire Europe Gmbh entered into an agreement to acquire Lacroix + Kress GmbH from Mutares SE & Co. KGaA (XTRA:MUX).

Management of Mutares SE & Co. KGaA (XTRA:MUX) acquired GEA Farm Technologies Japy SAS from Mutares SE & Co. KGaA (XTRA:MUX).

C Capital S.R.L. acquired STF Balcke Dürr from Mutares SE & Co. KGaA (XTRA:MUX).

Mutares SE & Co. KGaA (XTRA:MUX) agreed to acquire Palmia Oy from Helsingin kaupunki.

Mutares SE & Co. KGaA to Report Q3, 2023 Results on Nov 09, 2023

Turntide Technologies Inc. completed the acquisition of Royal De Boer Stalinrichtingen BV from Mutares SE & Co. KGaA (XTRA:MUX).

Mutares SE & Co. KGaA (XTRA:MUX) completed the acquisition of NEM Energy B.V. from Siemens Aktiengesellschaft (XTRA:SIE).

Mutares SE & Co. KGaA (XTRA:MUX) completed the acquisition of Steyr Motors Betriebs GmbH and Steyr Motors Immo GmbH from hales Austria Gmbh.

Consensus forecasts updated

Mutares SE & Co. KGaA (XTRA:MUX) entered into agreement to acquire Peugeot Motocycles SAS from Mahindra Two Wheelers Europe Holding S.a.r.l..

Third quarter 2022 earnings released

Turntide Technologies Inc. signed an agreement to acquire Royal De Boer Stalinrichtingen BV from Mutares SE & Co. KGaA (XTRA:MUX).

Mutares SE & Co. KGaA Provides Earnings Guidance for the Year 2025

Mutares SE & Co. KGaA Provides Earnings Guidance for the Year 2025

Mutares SE & Co. KGaA (XTRA:MUX) acquired High Performance Plastic Parts Business of MANN+HUMMEL from MANN+HUMMEL GmbH.

Mutares SE & Co. KGaA (XTRA:MUX) signed an agreement to acquire Three business operations from Arriva Sverige AB.

Consensus forecasts updated

Mutares SE & Co. KGaA (XTRA:MUX) signed an agreement to acquire Three business operations from Arriva Sverige AB.

Mutares SE & Co. KGaA (XTRA:MUX) completed the acquisition of Cimos d.d. from TCH Cogeme.

Mutares SE & Co. KGaA (XTRA:MUX) signed an agreement to acquire Steyr Motors Betriebs GmbH and Steyr Motors Immo GmbH from Thales Austria Gmbh.

Second quarter 2022 earnings released

Mutares SE & Co. KGaA Provides Earnings Guidance for the Financial Year 2022

Here's Why Mutares SE KGaA (ETR:MUX) Has Caught The Eye Of Investors

Mutares SE & Co. KGaA (XTRA:MUX) completed the acquisition of Sealynx International from SA GROUPE MECANIQUE DECOUPAGE.

Price target decreased to €29.88

Consensus forecasts updated

Mutares SE & Co. KGaA (XTRA:MUX) agreed to acquire NEM Energy B.V. from Siemens Aktiengesellschaft (XTRA:SIE).

Mutares SE & Co. KGaA (XTRA:MUX) signed an agreement to acquire High Performance Plastic Parts Business of MANN+HUMMEL GmbH.

Mutares SE & Co. KGaA (XTRA:MUX) agreed to acquire Cimos d.d. from TCH Cogeme.

Mutares SE & Co. KGaA Approves Dividend for the Financial Year 2021