Ad-hoc | 2 May 2002 15:59
MPC AG
english
MPC Capital AG continues positive business performance in 2002
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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– MPC Capital AG continues positive business performance in 2002
– Proposed dividend of EUR 1
– Product range to be expanded
Hamburg, May 2, 2002 – Hamburg-based financial service provider MPC Münchmeyer
Petersen Capital AG closed FY 2001 successfully and continued its positive
business performance in the first quarter of 2002. Net income for the year
increased by 30% from EUR 10.8 million to EUR 14.0 million. The Supervisory
Board and the Board of Directors will propose payment of a dividend of EUR 1 per
share (previous year: EUR 0.50) to the Annual General Meeting on June 19, 2002.
Against the background of the difficult market environment prevailing in the
last quarter of 2001, sales rose by 19% to EUR 77.5 million, with the sales
margin climbing from 16.6% in FY 2000 to 18.1%. Earnings before interest and
taxes (EBIT) rose by 11.6% to EUR 17.1 million (previous year: EUR 15.3
million). The number of customers increased from 24,000 to 35,000. The Annual
Report is available for download at www.mpc-capital.com.
MPC Capital expects sales to grow by 37% to EUR 106 million in FY 2002. Earnings
after taxes are projected to increase by 18% to EUR 16.5 million, with earnings
per share rising to EUR 1.56. The first quarter of the current fiscal year
developed according to plan. Q1 figures will be published on May 17, 2002.
end of ad-hoc-announcement (c)DGAP 02.05.2002
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WKN: 518 760; ISIN: DE0005187603; Index: SDAX
Listed: Amtlicher Handel in Frankfurt und Hamburg; Freiverkehr in Berlin,
Düsseldorf, Hannover, München und Stuttgart