IR
Ad hoc: MPC Capital AG resumes forecast for 2020
11 Dec 2020 - 12:40 CET/CEST
DISCLOSURE OF INSIDE INFORMATION ACC. TO ARTICLE 17 MAR
Hamburg, 11 December 2020 - The Management Board of MPC Münchmeyer Petersen Capital AG today decided to resume and update the forecast for the current fiscal year 2020. Based on the projection presented today, the Management Board now expects both revenue and earnings before taxes (EBT) to remain at the previous year's level.
In the forecast originally prepared in February 2020 and suspended on 11 May 2020, the Management Board assumed a slightly lower level of revenue and slightly improved EBT compared to 2019. The background for the revenue level exceeding the original expectations is a continuous growth in the shipping sector as well as higher transaction proceeds, especially from the Renewable Energies segment. This is offset by valuation adjustments due to the effects of the COVID 19 pandemic and one-off expenses.
Contact and disclosing person pursuant to Article 17 of MAR
MPC Capital AG
Stefan Zenker
Head of Investor Relations & Public Relations
Tel. +49 40 38022-4347
Mail: s.zenker@mpc-capital.com
Downloads
Ad Hoc: MPC Capital AG resumes forecast for 2020
Information
Contact
Stefan Zenker
Head of Investor & Public Relations
+49 (40) 380 22 - 4347
s.zenker@mpc-capital.com
About MPC Oceanic Group
MPC Oceanic Group (“MPC Oceanic”), currently operating under the name MPC Capital, is a Hamburg-based, publicly listed investment and operating group active across maritime and energy sectors. For more than 30 years, MPC Oceanic has built businesses and platforms essential to global trade and the energy transition. Working alongside institutional investors, industrial clients and strategic partners, MPC Oceanic develops, structures, finances, manages and operates maritime and energy assets. MPC Oceanic employs approximately 280 people across 10 countries and manages and operates more than 500 vessels and energy assets with a combined value of approximately EUR 5.4 billion. Shares of MPC Oceanic Group AG are listed in the Scale segment of the Frankfurt Stock Exchange (Deutsche Börse) under ISIN DE000A1TNWJ4.
Back to overview