02.02.2017
MPC Münchmeyer Petersen Capital AG DE000A1TNWJ4
DGAP-News: MPC Capital reports significant profit improvement for 2016
DGAP-News: MPC Münchmeyer Petersen Capital AG / Key word(s): Final Results
MPC Capital reports significant profit improvement for 2016
02.02.2017 / 08:08
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
MPC Capital reports significant profit improvement for 2016
- Revenue rose by 13% to EUR 53.8 million
- Growth of Earnings before tax (EBT) by 38% to EUR 15.7 million
- EUR 1.0 billion in new assets contracted in 2016
Hamburg, 2 February 2016 - The Hamburg-based asset and investment manager
MPC Capital AG (Deutsche Börse Entry Standard, ISIN DE000A1TNWJ4)
successfully continued on its growth path. Preliminary figures confirm,
growth in revenues by 13% from EUR 47.8 million to EUR 53.8 million year on
year. Fees from management services climbed by 15% to EUR 40.2 million
(2015: EUR 35.1 million). Transaction fees generated from the acquisition
and sale of assets with EUR 12.8 million were slightly up over the previous
year (EUR 12.1 million).
Earnings before tax (EBT) for the MPC Capital Group climbed by 38% from EUR
11.4 million in the previous year to EUR 15.7 million. Net profit for 2016
reached EUR 10.2 million (2015: EUR 7.5 million). The positive result as
well as the successful placement of two capital increases for cash in the
2016 financial year further strengthened the balance sheet: the equity
ratio improved from 42% in the previous year to 70% as at 31 December 2016.
The assets under management (AUM) of the MPC Capital Group as at 31
December 2016 totalled EUR 5.1 billion (31 December 2015: EUR 5.5 billion).
Around EUR 1.0 billion in new assets were added to the managed portfolio in
2016. At the same time the AUM in the Shipping segment declined
substantially, driven by valuation changes and disposals. In August 2016,
MPC Capital had sold a portfolio of container ships valued at around USD
400 million.
The MPC Capital Group's asset pipeline remains well stocked. The pipeline
comprises projects amounting to more than EUR 6 billion. Around one-third
of them are in the detailed due diligence or negotiation phase. The
emphasis is on real estate projects in Germany, the Netherlands and
southern Europe, and also on investments in renewable energies and
industrial plants in developing and emerging countries.
As a result MPC Capital expects to continue on its path in 2017 with a
revenue growth of at least 10% and a disproportional increase in the pre-
tax result (EBT).
"We are very pleased with our business performance in the past year,"
commented Ulf Holländer, CEO of MPC Capital AG. "It emphasises that MPC
Capital has successfully repositioned itself as an asset manager for
institutional investors, and provides a promising platform for future
growth."
Note: The full Annual Report 2016 of MPC Capital AG will be published on 14
February 2017.
About MPC Capital AG
MPC Capital AG is an independent asset and investment manager for real
asset investments. Together with its subsidiaries, the company develops and
manages real asset investments and investment products for international
institutional investors, family offices and professional investors. Its
focus is on the asset categories Real Estate, Shipping and Infrastructure.
MPC Capital AG has been quoted on the stock exchange since 2000 and has
around 250 employees group-wide.
Contact
MPC Capital AG
Stefan Zenker
Head of Investor Relations & Public Relations
Tel. +49 40 38022-4347
Fax +49 40 38022-4878
e-mail: [email protected]
---------------------------------------------------------------------------
02.02.2017 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: MPC Münchmeyer Petersen Capital AG
Palmaille 75
22767 Hamburg
Germany
Phone: +49 (0)40 380 22-0
Fax: +49 (0)40 380 22-4878
E-mail: [email protected]
Internet: www.mpc-capital.de
ISIN: DE000A1TNWJ4
WKN: A1TNWJ
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange;
Open Market (Entry Standard) in Frankfurt
End of News DGAP News Service
---------------------------------------------------------------------------
541095 02.02.2017
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
MPC Münchmeyer Petersen Capital AG ISIN: DE000A1TNWJ4 können Sie bei EQS abrufen
Finanzdienstleistungen , A1TNWJ , MPCK , XETR:MPCK