27 slides from Mpc Munchmeyer Petersen Capital's earnings presentation, Sep 3, 2026
Slide 1: H1 2026 Results Presentation
3 September 2026 H1 2026 RESULTS PRESENTATION Constantin Baack (CEO), Dr. Philipp Lauenstein (CFO) | |
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS MPC Oceanic Group Certain information and statements shared in this document, including financial estimates and comments about our plans, expectations, beliefs, or business prospects, and other information and statements that are not historical in nature, may constitute fo
Slide 3: Agenda
AGENDA 1. Introduction 2. Business Update 3. H1 Financials 4. Outlook 5. Q&A | H1 2026 Results Presentation Agenda | 3
Slide 4: MPC Capital becomes MPC Oceanic Group
MPC CAPITAL BECOMES We are sailing forward as MPC Oceanic Group from beginning of September. The new branding reflects the strategic repositioning of the group over the past decade, with a clear focus on industrial services and investments. MPC Our heritage: 30+ years of experience, trusted worldwid
Slide 5: Key Takeaways for Today
KEY TAKEAWAYS FOR TODAY Maritime service business has become an industrial backbone Commercial and technical management of >400 vessels with significant and recurring income contribution. Highly dynamic maritime investment business Nearly 40 newbuilding projects, USD 2.5bn total project volume for v
Slide 6: Resilient Revenue Base, Strong Co-Investment Returns, FY26 Outlook Upgraded
RESILIENT REVENUE BASE, STRONG CO-INVESTMENT RETURNS, FY26 OUTLOOK UPGRADED » Total Income Co-Investment Income EBT Resilient business model (in EUR million) Transaction Fees Management Fees (in EUR million) Management Services revenue increased to EUR 18.7 million (82% of total revenue). +34% 37.0
Slide 7: Business Update
NCL NORDLAND 1,300 TEU methanol container vessel MPC OCEANIC Business Update | |
Slide 8: Integrated Business Model with Owner-Operator Approach
INTEGRATED BUSINESS MODEL WITH “OWNER-OPERATOR APPROACH“ Project Development Investment Management Co-Investments H1 2026 Update » Contracted newbuilding program volume increased to USD Investment 2.5 billion Business » Launch of investment platform “MPC Storm Maritime Opportunities” executing on a
Slide 9: Strong Momentum in Investment Business Throughout 2026
STRONG MOMENTUM IN INVESTMENT BUSINESS THROUGHOUT 2026 Investment Business Newbuilding program MPC Storm Maritime Opportunities Offshore service platform Energy portfolio » Currently 37 newbuildings under » Launch of an investment platform raising » Development of investment platform for » New 30 MW
Slide 10: Well-Positioned and Diversified Maritime Services Platform
WELL-POSITIONED AND DIVERSIFIED MARITIME SERVICES PLATFORM Service Business Commercial management thriving Broad-based technical management platform Expansion of AI-powered solutions » Strong and resilient container shipping markets drive » Very well-positioned technical ship management » Fully digi
Slide 11: H1 2026 Financials
Tilawind farm, Tilarán, Costa Rica MPC OCEANIC H1 2026 Financials | |
Slide 12: Strong Financial Performance Summarized
STRONG FINANCIAL PERFORMANCE SUMMARIZED Total Income (in EUR million) EBT (in EUR million) Earnings per share (in EUR) Equity ratio 72.2 24.5 25.3 0.66 86% 87% 81% 81% 62.7 76% 52.5 55.9 19.3 0.48 47.5 29.2 19.6 5.2 16.0 18.0 14.8 0.37 6.2 6.5 10.4 0.27 13.8 7.0 7.0 0.17 28.1 29.2 30.5 34.8 35.7 202
Slide 13: Further Improvement in Profitability
FURTHER IMPROVEMENT IN PROFITABILITY Income Statement Simplified P&L (in EUR million) P&L Highlights – H1 2026 H1 2025 H1 2026 Management fees Transaction fees 18.0 3.1 18.7 3.7 +6% Other revenues 0.4 0.4 Revenue growth (yoy) Total revenues 21.6 22.8 Other operating income Personnel expenses 3.7 -11
Slide 14: Balance Sheet Built for Opportunity
BALANCE SHEET BUILT FOR OPPORTUNITY Balance Sheet Simplified Balance Sheet (in EUR million) Balance Sheet Highlights – H1 2026 31 Dec 2025 30 Jun 2026 Long-term assets Cash position 90.9 35.4 108.2 39.5 EUR 99m Other assets 39.9 46.8 Book value of co-investment portfolio (at costs, German GAAP) Tota
Slide 15: Successful Build-Up of Co-Investment Portfolio
SUCCESSFUL BUILD-UP OF CO-INVESTMENT PORTFOLIO, WITH ~30% IRR REALIZED ON 37 EXITS* Co-investments Asset Value (as of 30 June 2026) Asset Classes (as of 30 June 2026) Investment Income (H1 2026 vs. H1 2025) +81% Maritime Infrastructure Yield from existing co-investments Energy Infrastructure Exit re
Slide 16: Disciplined Capital Allocation Enables Growth and Consistent Dividend Policy
DISCIPLINED CAPITAL ALLOCATION ENABLES GROWTH AND CONSISTENT EXECUTION OF DIVIDEND POLICY Dividend Dividend per Share (in EUR) Dividend Details 4.0% 6.2% 8.4% 6.5% 5.4% 6.1% 0.27 0.27 0.27 Average dividend yield since 2021 0.03 0.20 0.08 EUR 0.66 Earnings per Share 2025 0.07 0.12 0.24 0.03 0.19 Tax-
Slide 17: FY26 Guidance - Upgraded
FY26 GUIDANCE - UPGRADED Revenue (in EUR million) EBT (in EUR million) Transaction Fees Management Fees Other 30-33 (Prev:25-30) 50-53 (Prev:45-50) 43.0 43.1 24.5 25.3 37.9 2.0 0.9 0.4 6.2 6.5 19.3 7.0 30.5 34.8 35.7 2023 2024 2025 2026e 2023 2024 2025 2026e | H1 2026 Results Presentation Financials
Slide 18: Outlook
NCL NORDLAND 1,300 TEU methanol container vessel MPC OCEANIC Outlook Santa Rosa & Villa Sol solar photovoltaic (PV), El Salvador Investment Vehicle: MPC Energy Solutions | |
Slide 19: Strong Fundament and Strategic Positioning Provide Basis for Profitable Growth
STRONG FUNDAMENT AND STRATEGIC POSITIONING PROVIDE BASIS FOR PROFITABLE GROWTH Assets under Management (in EUR bn) Growth Drivers 5.4 Structural +12% p.a. growth markets Investment requirements in energy transition 3.6 Industrial 1.7 approach serving investors, maritime clients and partners 2015 202
Slide 20: Outlook
OUTLOOK High earnings visibility & balance sheet flexibility Recurring service revenue, contracted transaction fees and co-investment income underpin earnings visibility. Scale the maritime services platform The services platform is well established, now offering substantial growth opportunities. Co
Slide 21: Q&A
Monte Plata 76 MWp PV plant, Dominican Rebublic MPC OCEANIC Q&A | |
Slide 22: Majority Shareholder Backs MPC's Growth Ambitions
MAJORITY SHAREHOLDER BACKS MPC’S GROWTH AMBITIONS Shareholder Structure Share Price Development (in EUR) Thalvora Holdings 7,0 MPC Oceanic Freefloat SDAX 6,0 5,0 26% 4,0 35.2m 3,0 shares 2,0 01-2022 01-2023 01-2024 01-2025 01-2026 74% Research coverage » Montega Research Christian Bruns BUY EUR 7.00
Slide 23: Management and Supervisory Board
MANAGEMENT AND SUPERVISORY BOARD Management Board Supervisory Board Constantin Baack Ulf Holländer Chief Executive Officer (CEO) Chairman of the Supervisory Board » Board member since 2015 » Supervisory board member since June 2024 » With MPC since 2008 » Chairman since December 2024 » Member of the
Slide 24: We Are Invested in the Future
WE ARE INVESTED IN THE FUTURE Our commitment to ESG ESG fields of action We are part of the global ESG cluster Environment We are committed to advance the energy transition and to contribute a positive environmental impact with our environmental investments and corporate processes. Social With our a
Slide 25: Financial Performance 2021 – 2025
FINANCIAL PERFORMANCE 2021 – 2025 Income statement & balance sheet (in EUR m) Income FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Statement Revenue 42.3 36.5 37.9 43.0 43.1 Other operating income 16.4 26.5 8.0 20.2 8.6 Cost of materials / Cost of purchased services -2.1 -2.7 -1.7 -4.0 -3.7 Personnel expe
Slide 26: Investor Relations Contact & Financial Calendar
INVESTOR RELATIONS CONTACT & FINANCIAL CALENDAR IR Contact & Calendar IR Contact Financial Calendar 2026 Stefan Zenker » 9 April 2026 Head of Investor Relations & Publication of Annual Report 2025 Corporate Communications » 11-13 May 2026 Equity Forum, Frankfurt MPC Oceanic Group AG Palmaille 67 » 2
Slide 27: Disclaimer
DISCLAIMER This presentation and the information contained herein (“the Presentation”) have been compiled with meticulous care and to the best of our knowledge. The Presentation is for information purposes only and does not constitute an offer to sell or a solicitation to buy any interest, shares or