Corporate | 19 April 2007 07:28
MPC Münchmeyer Petersen Capital AG / Quarter Results Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- - Placement volume up 36% on the previous year - EUR 228 million placed in the first quarter - Strong demand for ship investments Hamburg, April 19, 2007 – On the occasion of today’s Annual General Meeting, MPC Münchmeyer Petersen Capital AG has published the volume of equity placed in the first three months of 2007. MPC Capital increased the equity raised in the first quarter of the fiscal year by 36% from EUR 168 million to EUR 228 million, thus making a successful start of fiscal 2007.Business segment in EUR m 31.03.2007 31.03.2006 +/– Real estate funds 51 77 – 34% thereof Real Estate Opportunity 27 29 – 7% Corporate investments 117 37 +216% thereof ship investments 109 30 + 263% Life insurance funds 17 15 + 13% Structured products 33 21 + 57% Private equity funds 6 11 – 46% Investment funds 4 7 – 43% TOTAL 228 168 + 36%*Deviations due to rounding of figures. At EUR 109 million (previous year: EUR 30 million), ship investments made a particularly strong contribution to this positive result. Placement of the second reefer fleet, MPC Reefer Fleet 2, and of a container ship fund including two 9,661 TEU vessels started at the beginning of March. The fact that half of the two funds’ total equity volume of EUR 185 million was placed as of March 31, 2007 reflects both the high demand for attractive ship investments and the importance of product availability for a quarterly review of the business model. Equity raised for the closed real-estate funds declined in the first quarter 2007, which had been expected in view of the situation in the international real estate markets. A total amount of EUR 51 million (previous year: EUR 77 million) was invested in traditional closed-end funds as well as in the real estate opportunity investment concept. Life insurance funds reported a placement volume of EUR 17 million for the first three months (previous year: EUR 15 million). Most of this volume was accounted for by the second fund based on British policies. At EUR 33 million, the issuing volume of structured products was up 57% on the previous year’s EUR 21 million. The products marketed by Assentus Bank comprise various capital-protected notes and certificates as well as insurance products. Private equity and investment funds are traditionally characterised by moderate placement activities in the first three months 'Our successful start to the fiscal year means that we are excellently positioned to reach our full-year targets. The increase in the placement volume over the previous year suggests that sales and earnings will also be up on the respective previous year’s figures as of May 2,' said CFO Ulf Holländer at today’s Annual General Meeting. MPC Capital AG’s figures for the first three months of 2007 will be published on May 2, 2007. If you have any questions, please contact: Andreas Schwarzwälder Investor Relations MPC Münchmeyer Petersen Capital AG, Palmaille 67, D-22767 Hamburg, phone: +49 40/380 22-4347 fax: +49 40/380 22-4878, e-mail: ir@mpc-capital.com DGAP 19.04.2007 ---------------------------------------------------------------------- Language: English Issuer: MPC Münchmeyer Petersen Capital AG Palmaille 67 22767 Hamburg Deutschland Phone: +49 (0)40 380 22 347 Fax: +49 (0)40 380 22 878 E-mail: ir@mpc-capital.com www: www.mpc-capital.com ISIN: DE0005187603 WKN: 518760 Indices: S-DAX Listed: Amtlicher Markt in Frankfurt (Prime Standard), Hamburg; Freiverkehr in Berlin-Bremen, Hannover, Düsseldorf, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------