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MPC Münchmeyer Petersen Capital AG

Earnings Release Dec 11, 2020

5424_rns_2020-12-11_2cab9420-da89-49d1-bc70-384db7dfb025.html

Earnings Release

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News Details

Ad-hoc | 11 December 2020 12:40

MPC Capital AG resumes outlook for 2020

MPC Münchmeyer Petersen Capital AG / Key word(s): Forecast

MPC Capital AG resumes outlook for 2020

11-Dec-2020 / 12:40 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.


DISCLOSURE OF INSIDE INFORMATION ACC. TO ARTICLE 17 MAR

MPC Capital AG resumes forecast for 2020

Hamburg, 11 December 2020 – The Management Board of MPC Münchmeyer Petersen Capital AG today decided to resume and update the forecast for the current fiscal year 2020. Based on the projection presented today, the Management Board now expects both revenue and earnings before taxes (EBT) to remain at the previous year’s level.

In the forecast originally prepared in February 2020 and suspended on 11 May 2020, the Management Board assumed a slightly lower level of revenue and slightly improved EBT compared to 2019. The background for the revenue level exceeding the original expectations is a continuous growth in the shipping sector as well as higher transaction proceeds, especially from the Renewable Energies segment. This is offset by valuation adjustments due to the effects of the COVID 19 pandemic and one-off expenses.

Contact and disclosing person pursuant to Article 17 of MAR

MPC Capital AG

Stefan Zenker

Head of Investor Relations & Public Relations

Tel. +49 40 38022-4347

Mail: [email protected]


11-Dec-2020 CET/CEST 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
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1154550
End of Announcement DGAP News Service

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