Ad-hoc | 29 January 2004 08:00
MPC Capital AG – Placement volume 2003
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Placement volume almost doubled in 2003
MPC Capital placed EUR 738 million equity
Hamburg, January 29, 2004 – MPC Capital AG almost doubled the equity placed in
fiscal 2003 to EUR 738 million (from EUR 383 in the previous year). With EUR 428
million in equity raised, closed-end real estate funds were once again the
strongest business segment (previous year: EUR 215 million). Apart from the
Dutch and Canadian funds, the first Austrian fund with an equity of EUR 146
million, which was fully placed in the fourth quarter, generated growth of
almost 100% in this segment. In view of the continuous product offering of a
fleet of over 30 ships to be placed by the year 2006 and the attractive market
environment, investors contributed EUR 190 million (previous year: EUR 96
million) to ship investments offered by the Hamburg-based issuing house. A total
of EUR 199 million were placed in the “Corporate Investments” segment in 2003,
compared to EUR 111 in 2002. The product line of the life insurance funds was
continued successfully. Following the first fund with an equity volume of EUR 28
million launched in 2002, a total of EUR 107 million were placed in three funds
in the past fiscal year. With EUR 6 million in equity raised, the Private
Equity segment was in line with expectations (previous year: EUR 17 million).
The price trend and the relocation or closure of three equity funds resulted in
an outflow of just under EUR 2 million in the open-end investment funds. At EUR
738 million, total equity placed in 2003 exceeded the compan’s expectations (EUR
640 million), which was attributable to the successful placements in the fourth
quarter. The Managing Board therefore expects sales and earnings to exceed the
previous projections of EUR 128 million (sales) and EUR 25 million (net profit).
MPC Capital A’s preliminary figures for FY 2003 will be published on February
27, 2004.
Inquiries:
Andreas Schwarzwälder
Investor Relations
Phone: +49 (0)40 / 38022-347, fax: +49 (0)40 / 38022-878,
e-mail: ir@mpc-capital.com
end of ad-hoc-announcement (c)DGAP 29.01.2004
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WKN: 518 760; ISIN: DE0005187603; Index: SDAX
Listed: Amtlicher Markt in Frankfurt (Prime Standard) und Hamburg; Freiverkehr
in Berlin-Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart
290800 Jän 04