Sixth exit in 2024: Mutares successfully takes Steyr Motors public

30 Oct 2024 10:01 CET

Sixth exit in 2024: Mutares successfully takes Steyr Motors public
• Listing of Steyr Motors in the Scale segment of the Frankfurt Stock Exchange
• Globally leading specialist for tailor-made engines in mission-critical
special defense and civil applications1 with an international customer base
• Approx. 60% of revenue2 from defense applications
• Successful turnaround under Mutares’ leadership with an adjusted EBIT3 margin
of 24% in the first nine months of 2024
• Mutares sells 21% stake in the company and remains majority shareholder with
70.9% ownership

Please see attached PDF to view the full announcement.

More information:
Access the news on Oslo Bors NewsWeb site

630717_241030_Mutares_PM_ListingSteyr_EN_Final.pdf