Mutares net income rises 32% despite negative EBITDA

Mutares SE net income increased 32% to €69.8 million in H1 2025, while group revenues rose 19% to €3.1 billion driven by acquisitions.

However, adjusted EBITDA was negative €88.5 million due to challenging market conditions. The company maintained full-year forecasts for group revenues of €6.5-7.5 billion and holding net income of €130-160 million.