DGAP-News: MPC Münchmeyer Petersen Capital AG / Key word(s): Quarter Results
MPC Capital AG: Key figures for the 1st quarter 2019
- Quarterly revenues and EBT at previous year's level
Hamburg, 16 May 2019 - The Hamburg asset and investment manager MPC Capital AG (Deutsche Börse, Scale, ISIN DE000A1TNWJ4) generated revenues of EUR 10.0 million and an EBT of EUR 0.7 million in the first quarter of the 2019 financial year. The slight decline compared to the first quarter of 2018 (revenues: EUR 10.1 million, EBT: EUR 1.1 million) is primarily due to lower transaction activity in the first three months of the current financial year. This was almost completely offset by higher recurring revenues from asset management.
Increase in Management Services
Earnings before tax (EBT) amounted to EUR 0.7 million after the first three months (previous year: EUR 1.1 million). Higher personnel expenses due to the expansion of management capacities in the Shipping division were offset by lower other operating expenses. As a result, the cost base in the first quarter was unchanged from the previous year. Lower other operating income was offset by a significantly improved financial result from the co-investments of MPC Capital AG.
The equity ratio improved to 81.8 % as of March 31, 2019 (December 31, 2018: 74.3 %). Cash and cash equivalents decreased to EUR 15.8 million (December 31, 2018: EUR 28.6 million), mainly due to the reduction of current liabilities.
Starting signal for Health Care real estate strategy
Expansion of management services in the shipping division
Expansion of renewable energy platform in the Caribbean
Forecast for 2019 confirmed
MPC Capital AG
16.05.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Company:||MPC Münchmeyer Petersen Capital AG|
|Phone:||+49 (0)40 380 22-0|
|Fax:||+49 (0)40 380 22-4878|
|Listed:||Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||812195|
|End of News||DGAP News Service|
Aktien in diesem Artikel
|MPC Münchmeyer Petersen Capital AG||1,83||-3,68%|
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