MPC Münchmeyer Petersen Capital AG

Earnings Release • Nov 16, 2001

News Details

Ad-hoc | 16 November 2001 08:35

MPC AG english

MPC Capital increases net result by 30 percent Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– MPC Capital increases net result by 30 percent Hamburg, 16. November 2001 – The financial services company MPC Capital AG, Hamburg, again meets expectations in terms of the increased net result for the first 9 months in 2001. The leading non-bank initiator of closed end funds in Germany and the Netherlands was able to improve its net result from 6.2 million Euro to 8 million Euro representing a 30 percent increase compared to the respective period in 2000. Revenues climbed by 12 percent from 36.1 million Euro to 40.6 million Euro. Given the year-to-date results and the traditionally strong fourth quarter the company has confirmed the expectations for the financial year 2001, despite the weakening economies. The Board regards an increase in turnover by 28 percent to 84 million Euro and a net result of 14.5 million Euro representing an increase by 34 percent over previous year as achievable. The full report for the third quarter will be available on November 28, 2001 under http://www.mpc-capital.com. end of ad-hoc-announcement (c)DGAP 16.11.2001 ——————————————————————————– WKN: 518 760; Index: SDAX Listed: Amtlicher Handel in Frankfurt und Hamburg; Freiverkehr in Berlin, Düsseldorf, Hannover, München und Stuttgart 160835 Nov 01