The Hamburg-based investment and asset manager recorded stable income and higher management fees in the first half of the year. However, the exceptionally strong prior-year result had a noticeable impact on pre-tax profit.
The Hamburg-based investment and asset manager MPC Capital was able to lay the foundations for further growth in the first half of the current year. At € 21.56 million, turnover was slightly above the previous year’s figure (€ 21.25 million). Recurring management fees increased by 5% to around € 18 million, while transaction-related revenues remained at the previous year’s level at € 3.1 million.
Earnings before taxes amounted to € 12.8 million after six months (H1 2024: € 16.5 million). The decline was due to the exceptionally high contribution from exit proceeds in the previous year. Earnings per share, on the other hand, increased to € 0.32 (H1 2024: € 0.28).
The assets under management at MPC Capital rose by 10 % to € 5.3 billion within the space of a year. Sustainable investments now account for around one third. The transaction volume amounted to € 1.0 billion. Valuation and currency effects contributed a further € 0.3 billion to the increase.
In the Shipping business, MPC Capital initiated new construction projects worth around USD 800 million. This includes the order of the first units for an offshore service platform, which is being built together with Eurazeo and a family office. The investment volume here is up to USD 150 million.
In the Energy Infrastructure segment, the company sold a 51 MWp solar plant in Jamaica and commissioned a 65 MWp solar park in Guatemala. MPC Capital is also focusing more strongly on Europe as a future core market. For the full year 2025, MPC Capital confirms its forecast of revenues of € 43-47 million and EBT of € 25-30 million.
“Our recurring revenues have increased, earnings per share are up on the previous year and assets under management have also grown sustainably. We are therefore ideally positioned to consistently pursue our growth strategy,” explains CEO Constantin Baack.
