Germany's MPC Capital raises 2026 revenue, profit outlook
Germany's MPC Capital raises 2026 revenue, profit outlook
Overview
Germany-based asset manager raised 2026 revenue forecast to EUR 50-53 mln from EUR 45-50 mln
Company lifted 2026 pretax profit outlook to EUR 30-33 mln from EUR 25-30 mln
H1 2026 revenue up 5.6% yr/yr, pretax profit up 33.6% yr/yr on higher co-investment income
Outlook
MPC Oceanic Group raises 2026 revenue forecast to EUR 50-53 mln from EUR 45-50 mln
Company lifts 2026 EBT forecast to EUR 30-33 mln from EUR 25-30 mln
Company expects higher contributions from transaction, project business and co-investments in 2026
Result Drivers
CO-INVESTMENT INCOME - Co said strong earnings growth in H1 was mainly due to higher income from co-investment portfolio
STABLE COST BASE - Co said earnings growth was also supported by a stable cost base
Company press release: ID:nEQ9nJk45a
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| EUR 22.8 mln |
|
H1 Pretax Profit |
| EUR 17.1 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 61% above its August 24 closing price of €5.28
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.)