Brief: Mutares Says Company Is Convinced That Accounting Has Been Carried Out Properly And That Legal Requirements Have Been Met

Mutares SE & Co KgaA

01/08/2025 08:42

Aug 1 (Reuters) - MUTARES SE & CO KGAA MUXG.DE:

CLASSIFICATION OF THE ANNOUNCED INITIATION OF AN AUDIT OF THE ANNUAL FINANCIAL STATEMENTS AS OF DECEMBER 31, 2023, AND THE RELATED COMBINED MANAGEMENT REPORT AND GROUP MANAGEMENT REPORT BY BAFIN

WELCOMES AND SUPPORTS REVIEW AS PART OF TRANSPARENT REPORTING

REVIEW RELATES EXCLUSIVELY TO CERTAIN DISCLOSURES IN NOTES AND MANAGEMENT REPORT

IN MUTARES' VIEW, MOST SIGNIFICANT FINANCIAL PERFORMANCE INDICATORS - REVENUE, EBITDA, ADJUSTED EBITDA FOR GROUP AND COMPANY'S NET INCOME FOR YEAR UNDER COMMERCIAL LAW - HAVE BEEN FULLY FORECASTED.

COMPANY IS CONVINCED THAT ACCOUNTING HAS BEEN CARRIED OUT PROPERLY AND THAT LEGAL REQUIREMENTS HAVE BEEN MET

COMPANY WILL COOPERATE CONSTRUCTIVELY WITH BAFIN

BOTH ANNUAL FINANCIAL STATEMENTS AS OF DECEMBER 31, 2023, AND ACCOMPANYING COMBINED MANAGEMENT REPORT AND GROUP MANAGEMENT REPORT WERE AUDITED BY COMPANY'S AUDITOR, DELOITTE GMBH WIRTSCHAFTSPRÜFUNGSGESELLSCHAFT

BELIEVES USERS OF FINANCIAL STATEMENTS ARE PROVIDED WITH A TRUE AND FAIR VIEW OF NET ASSETS, FINANCIAL POSITION, AND RESULTS OF OPERATIONS

WILL COOPERATE CONSTRUCTIVELY WITH BAFIN

AS OF BALANCE SHEET DATE OF DECEMBER 31, 2023, ALL RECEIVABLES HAD A CONTRACTUALLY AGREED TERM OF LESS THAN ONE YEAR

Source text: ID:nEQ4byrqa

Further company coverage: MUXG.DE

 (Gdansk Newsroom)

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