MPC Capital AG reports double-digit earnings growth in financial year 2017

26 Jan 2018

- Initial portfolio of three medical centres in the Netherlands
- Pipeline for further growth with committed capital and further assets in the pipeline

Hamburg/Amsterdam, 13 March 2019 - MPC Capital AG (Deutsche Börse Scale, ISIN DE000A1TNWJ4) has launched a new healthcare strategy within its Real Estate asset unit. The new strategy, which has been implemented by MPC Capital’s Dutch subsidiary Cairn Real Estate, has most recently reached the financial close of a capital raising, having secured a total of EUR 30 million in equity. Cairn Real Estate is set to leverage this capital to further grow the portfolio with the aim of reaching a total of circa EUR 70 million.

The initial investment and development portfolio consists of three medical centres across the Netherlands. In addition to these, the company has also initiated the development of a primary care medical centre in Alphen ad Rijn and the construction of a new private nursing home in Bodegraven.

Pieter Akkerman, Managing Director at Cairn Real Estate: “We are excited to have launched a new strategy that centres around the healthcare sector. It presents us with the opportunity to invest into a market which is experiencing increased opportunities that are still attractively priced. Throughout the Netherlands, we are seeing a rise in the demand for health services with a growing and ageing population that is suffering from a greater incidence of chronic diseases. In addition, there is a shift towards primary care from expensive inflexible hospitals and an increasing demand for smaller nursing homes rather than the large traditional nursing homes. This is fuelling the need for further healthcare assets in the country.”

Together with international institutional investors, MPC Capital plans to purchase additional healthcare development and portfolio projects in the Netherlands.

About MPC Capital AG
MPC Capital AG is an internationally active asset and investment manager specialising in real asset investments. Together with its subsidiaries, the company develops and manages investment products for international institutional investors, family offices and professional investors. Its focus is on the asset categories Real Estate, Shipping and Infrastructure. MPC Capital AG has been quoted on the stock exchange since 2000 and has around 300 employees group-wide.

Hamburg, 15 February 2019 - Hamburg-based Asset and Investment Manager MPC Capital AG (Deutsche Börse, Scale, ISIN DE000A1TNWJ4) today releases its 2018 Annual Report. Preliminary figures announced on 1 February 2019 are hereby confirmed.

  • Earnings before taxes (EBT) rise by 11% to EUR 17.4 million
  • Consolidated net profit improved by 29% to EUR 13.2 million
  • EUR 1.1 billion in new assets added in 2017

Hamburg, 26 January 2018 - The Hamburg-based asset and investment manager MPC Capital AG (Deutsche Börse SCALE, ISIN DE000A1TNWJ4) continued to develop positively in the financial year 2017. According to preliminary figures pre-tax earnings (EBT) of the MPC Capital Group improved by 11% from EUR 15.7 million in the previous year to EUR 17.4 million in the financial year 2017. Net profit for 2017 rose by 29% to EUR 13.2 million (2016: EUR 10.2 million).

While consolidated sales of EUR 47.3 million were lower than in the previous year (EUR 53.8 million), additional EUR 12.3 million resulted from a transaction which, due to its structure, was not classified as sales but as other operating income. Taking into account this transaction, growth in the financial year 2017 was 11% compared to the previous year.

In 2017, MPC Capital was a co-investor in various investment projects with around EUR 30 million and thus tied up new assets in the areas of real estate, shipping and infrastructure worth around EUR 1.1 billion. The total transaction volume from acquisitions and sales amounted to EUR 2.6 billion. As of 31 December 2017, the Assets under Management (AuM) of the MPC Capital Group amounted to EUR 5.1 billion.

The financial assets of the Group increased to EUR 54.5 million as of 31 December 2017 (31 December 2016: EUR 29.3 million). A large part of the funds raised from two capital increases in 2016 could thus be successfully invested within approximately one and a half years. As a result, cash and cash equivalents as of 31 December 2017 decreased to EUR 28.9 million (31 December 2016: EUR 65.6 million). At 76%, the equity ratio remained at a high level as of the 2017 balance sheet date (31 December 2016: 70%).

While the 2017 financial year was marked by a number of significant exits, the focus in 2018 will be on linking up with new projects. On the basis of the envisaged growth in AuM, the Management Board expects a revenue growth of at least 10% and a disproportional rise in EBT.

Due to the promising development of the company, MPC Capital is evaluating various financing alternatives, including capital market options, in order to tap further growth opportunities. This can increase the attractiveness of MPC Capital shares and would support the financing of the further profitable growth of MPC Capital.

Note: The complete Annual Report 2017 of MPC Capital AG is expected to be published on 15 February 2018.



Stefan Zenker
Head of Investor & Public Relations

 +49 (40) 380 22 - 4347