MPC Münchmeyer Petersen Capital AG

Earnings Release • Jun 9, 2004

News Details

Ad-hoc | 9 June 2004 07:30

MPC Capital AG raises forecast for 2004

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– MPC Capital AG raises forecast for 2004 Hamburg, June 9, 2004 – MPC Münchmeyer Petersen Capital AG will continue to grow in 2004. After successful placements in the current second quarter and securing of additional properties for real estate funds, the company has raised its forecast for fiscal 2004. MPC Capital AG expects its placement volume to increase by 14% from EUR 748 million in 2003 to EUR 850 million in fiscal 2004. Net profit for the year is expected to rise by 20% to EUR 40 million, compared to EUR 33.3 million in 2003. This would be equivalent to earnings per share of EUR 3.77 and should again permit payment of a dividend of at least EUR 3.00 for fiscal 2004. Following a tripling of its net profit in the first quarter, the company expects to also report a record result for the first half of 2004. Based on the placements in the year to date, sales and earnings in the first half of 2004 should clearly exceed the previous year’s level. The figures for the first half of 2004 will be published on August 13, 2004. Inquiries: Andreas Schwarzwälder Investor Relations Phone: +49 (0)40 / 38022-347, Fax: +49 (0)40 / 38022-878, e-mail: ir@mpc-capital.com end of ad-hoc-announcement (c)DGAP 09.06.2004 ——————————————————————————– WKN: 518 760; ISIN: DE0005187603; Index: SDAX Listed: Amtlicher Markt in Frankfurt (Prime Standard) und Hamburg; Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 090730 Jun 04