MPC Muenchmeyer Petersen Capital AG

MPCK

Equity

ISIN DE000A1TNWJ4 / Valor 20991409

Xetra (2024-12-23)

EUR 5.30-2.75%

MPC Muenchmeyer Petersen Capital AG
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About company

MPC Muenchmeyer Petersen Capital AG, commonly known as MPC Capital, is a prominent investment and asset management firm specializing in real assets. Founded in 1994 as a subsidiary of the international MPC Group, it has grown significantly over the years, with its headquarters located on the historic Palmaille street in Hamburg, Germany. As of December 2023, MPC Capital manages assets worth EUR 4.1 billion and employs around 200 staff members. Initially focusing on ship investments, the company has diversified its product range to cater to a broader spectrum of real assets. This expansion reflects the firm's strategic repositioning initiated in 2012 to serve institutional clients more effectively. MPC Capital went public in 2000, marking a significant milestone in its development. The management team, led by CEO Ulf Holländer since April 2015, includes experienced professionals like Constantin Baack, who has played a crucial role in consolidating the group's shipping activities, and Dr. Philipp Lauenstein, who has a strong background in finance and played a pivotal role in the establishment of MPC Container Ships ASA. This leadership has steered MPC Capital through its evolution from a ship investment focus to a leading asset and investment manager for a wide range of real assets.

Summarized from source with an LLMView SourceSector: Finance

Revenue Growth

MPC Muenchmeyer Petersen Capital AG reported a significant increase in revenue for the second quarter of 2024. The company achieved revenues of USD 3,012 thousand, up from USD 2,380 thousand in the same quarter of the previous year. This growth is attributed to the increased energy output from their renewable energy projects.

EBITDA Improvement

The company also saw a notable improvement in its EBITDA figures. For Q2 2024, MPC Muenchmeyer Petersen Capital AG reported a project EBITDA of USD 1,909 thousand, compared to USD 1,065 thousand in Q2 2023. This positive trend reflects the company's effective cost management and operational efficiency.

Net Income

Despite the revenue and EBITDA growth, MPC Muenchmeyer Petersen Capital AG reported a net loss of USD 4,621 thousand for the first half of 2024. This is a larger loss compared to the net loss of USD 2,562 thousand in the first half of 2023, primarily due to foreign exchange effects and other financial expenses.

Equity and Debt

The company's equity ratio decreased to 50% in H1 2024 from 58% in H1 2023. Total equity stood at USD 65.3 million, down from USD 76.2 million. Meanwhile, the company's debt increased to USD 53.0 million from USD 43.5 million, reflecting the investments made in expanding their renewable energy portfolio.

2024 Outlook

MPC Muenchmeyer Petersen Capital AG confirmed its positive outlook for the remainder of 2024. The company expects revenues to increase to USD 12 million and project EBITDA to grow to USD 8.5 million for the full year. This optimistic forecast is based on the strong performance in the first half and the full operational status of their energy assets.

Summarized from source with an LLMView Source

Key figures

76.7%1Y

48.0%3Y

150%5Y

Performance

47.1%1Y

42.8%3Y

48.2%5Y

Volatility