Germany's MPC Capital Q1 revenue falls 10%, pretax profit rises 17%

MPC Muenchmeyer Petersen Capital AG

28/05/2026 06:10

Overview
Germany investment manager's Q1 revenue fell 10% yr/yr due to currency effects
Q1 pretax profit rose 17% yr/yr, supported by strong co-investment portfolio earnings
Company confirmed 2026 outlook for revenue and EBT

Outlook
MPC Capital confirms 2026 revenue outlook of EUR 45 mln to EUR 50 mln
Company expects 2026 EBT between EUR 25 mln and EUR 30 mln
MPC Capital anticipates significant increase in transaction fees for full-year 2026

Result Drivers
CURRENCY EFFECTS - Revenue declined mainly due to the weak US dollar, which impacted maritime services earnings
CO-INVESTMENT PORTFOLIO - Higher pretax profit was driven by strong performance of the co-investment portfolio, including project disposals and income from strategic investments
RECURRING FEES - Recurring management fees provided revenue stability despite currency headwinds

Company press release: ID:nEQ14JDQda

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
 
EUR 10.62 mln
 
Q1 EPS
 
EUR 0.21
 
Q1 Net Income
 
EUR 7.44 mln
 
Q1 Pretax Profit
 
EUR 8.32 mln
 

Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the investment management & fund operators peer group is "buy."
Wall Street's median 12-month price target for MPC Muenchmeyer Petersen Capital AG is €8.50, about 54.5% above its May 27 closing price of €5.50
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)