Earnings Release • May 2, 2007
Earnings Release
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Corporate | 2 May 2007 07:15
MPC Münchmeyer Petersen Capital AG: MPC Capital AG boosts earnings in Q1 2007
MPC Münchmeyer Petersen Capital AG / Quarter Results
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The issuer / publisher is solely responsible for the content of this announcement.
Hamburg, May 2, 2007 – MPC Münchmeyer Petersen Capital AG, the SDAX-listed
asset manager of alternative capital investments, generated sales revenues
of EUR 41.6 million in the first quarter of 2007. This represents a 55
percent increase over the previous year’s EUR 26.8 million and marks a
successful start to the current fiscal year. At EUR 9.1 million, earnings
before interest and taxes (EBIT) were more than doubled on the previous
year’s EUR 4.4 million. Consolidated net profit for the quarter after
minority interests climbed 119 percent from EUR 3.5 million to EUR 7.7
million, which is equivalent to earnings per share of EUR 0.72 (2006: EUR
0.33).
As of the reporting date, the MPC Capital Group had total assets of EUR
251.2 million (December 31, 2006: EUR 213.4 million). The equity ratio
amounted to 66.3 percent (December 31, 2006: 71.5 percent). The balance
sheet shows equity capital in an amount of EUR 166.5 million (December 31,
2006: EUR 152.5 million). Most of the changes in the balance sheet are
attributable to the fact that the company’s 15.1 percent interest in HCI
Capital has been recognised for the first time. While fixed assets
increased by approx. EUR 57 million, non-current liabilities rose by
approx. EUR 40 million.
Q1 2007 at a glance:
In TEUR 31.03.2007 31.03.2006 +/-
Sales 41,595 26,784 + 55%
EBIT 9,079 4,358 + 108%
Consolidated net profit for
the period after minority interests 7,683 3,509 + 119%
Earnings per share in EUR 0.72 0.33 + 119%
Employees 293 255 + 15%
The Management Board once again confirmed the placement volume of EUR 1
billion (2006: EUR 1,008 million) and a net profit of EUR 40.0 million
(2006: EUR 56.0 million) guided for the current fiscal year.
'MPC Capital made an excellent start to the fiscal year 2007. This result
has been made possible by a broad product range and, in particular, the
start of placement of two first-class ship investments. The high demand
from our sales partners and customers and the product volume that will be
available in the course of the year make us confident that we will be able
to achieve our guidance for the fiscal year. We are on an excellent
course.', said Dr. Axel Schroeder, Chairman of the Management Board.
At EUR 228 million, equity placed in the first three quarters was up 36
percent on the same period of the previous year and was primarily
influenced by the supply in the ship investment segment.
Business segment in EUR m* 31.03.2007 31.03.2006 +/–
Real Estate funds 51 77 – 34%
thereof Real Estate Opportunity 27 29 – 7%
Corporate investments 117 37 +216%
thereof ship investments 109 30 + 263%
Life insurance funds 17 15 + 13%
Structured products 33 21 + 57%
Private equity funds 6 11 – 46%
Investment funds 4 7 – 43%
TOTAL 228 168 + 36%
*Deviations due to rounding of figures.
Since 1994, 145,000 customers (YE 2006: 141,000) have invested EUR 6.0
billion in 267 funds with a total investment volume of EUR 14.8 billion.
The interim report on the three-month period ended March 31, 2007 is
available in the Investor Relations section at
www.mpc-capital.com.
Inquiries:
Andreas Schwarzwälder
Investor Relations
Phone: +49 40 38022-4347
Fax: +49 40 38022-4878
E-mail: [email protected]
Language: English
Issuer: MPC Münchmeyer Petersen Capital AG
Palmaille 67
22767 Hamburg Deutschland
Phone: +49 (0)40 380 22 347
Fax: +49 (0)40 380 22 878
E-mail: [email protected]
www: www.mpc-capital.com
ISIN: DE0005187603
WKN: 518760
Indices: S-DAX
Listed: Amtlicher Markt in Frankfurt (Prime Standard), Hamburg;
Freiverkehr in Berlin-Bremen, Hannover, Düsseldorf, München,
Stuttgart
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