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euro adhoc: MPC Münchmeyer Petersen Capital AG / Financial Figures/Balance Sheet / MPC Capital AG proposes dividend of EUR 3.50 (E)
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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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28.02.2008
MPC Capital AG proposes dividend of EUR 3.50
. Dividend payout ratio of 92% confirms shareholder-friendly dividend policy
. Sales of EUR 213.7 million 6% short of the record level of 2006
. Consolidated net income of EUR 38.6 million
. Outlook for 2008 changed due to increased investment in HCI Capital
Hamburg, February 28, 2008 - As had been expected, MPC Münchmeyer Petersen
Capital AG, the SDAX-listed wealth and asset manager, fell short of the
previous year's record results in fiscal 2007. This was due, on the one hand,
to a large number of forward-looking decisions, which will start to contribute
to profits only in the current fiscal year and, on the other hand, to income
from the sale of fund properties generated in the previous year. The approved
and ratified consolidated financial statements show sales of EUR 213.7 million,
which is 6% below the previous year's EUR 228.4 million. At EUR 53.1 million,
earnings before interest and taxes (EBIT) were down 29% on the previous year's
EUR 74.6 million. Consolidated net income for the year after minorities
declined by 31% from EUR 56.0 million to EUR 38.6 million, which represents
earnings per share of EUR 3.64 (2006: EUR 5.28). At their joint meeting, the
Management Board and the Supervisory Board decided to propose to the Annual
General Meeting on April 22, 2008 to pay out a dividend of EUR 3.50 per share
(2006: EUR 5.00).
Key figures
|In TEUR |31.12.2007 |31.12.2006 |+/- |
|Sales |213,687 |228,366 |-6% |
|EBIT |53,129 |74,624 |-29% |
|Net income after minorities |38,604 |55,993 |-31% |
|Earnings per share in EUR |3.64 |5.28 |-31% |
|Dividend in EUR |3.50 |5.00 |-30% |
|Total assets |306,386 |213,350 |+44% |
|Equity capital |119,694 |152,499 |-22% |
|Employees (average) |311 |249 |+25% |
The Management Board continues to project a placement volume of EUR 1.1 billion
for the current fiscal year (2007: EUR 1,062 million). The planned increase in
the investment in HCI Capital AG to 35.1% (previously: 15.1%) suggests that
consolidated net income for 2008 will amount to EUR 52 million (previously: EUR
45 million). In conjunction with this transaction, MPC Capital AG plans to
increase its capital from 10.6 million shares to 12.15 million shares (from
authorised capital), so that earnings per share will increase from EUR 4.25 to
EUR 4.28.
Further inquiry note:
Andreas Schwarzwälder
Investor Relations
Phone: +49 40 38022-4347
E-mail: [email protected]
end of announcement euro adhoc
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emitter: MPC Münchmeyer Petersen Capital AG
Palmaille 67
D-22767 Hamburg
phone: ++49 (0) 40380224347
FAX: ++49 (0) 40380224878
mail: [email protected]
WWW: http://www.mpc-capital.de
sector: Financial & Business Services
ISIN: DE0005187603
indexes: SDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Börse Frankfurt, free trade:
Börse Berlin, Börse Stuttgart, Börse Düsseldorf, Börse Hannover,
Börse München, regulated dealing: Börse Hamburg
language: English
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