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MPC Capital eyes 10% revenue growth in 2018

MPC Capital AG said it expects revenue growth of at least 10% in 2018 and a disproportional rise in its earnings before tax.

The German asset manager said it is looking at some financing alternatives including capital market options for more growth opportunities.

The firm's preliminary net profit for 2017 came in at €13.2 million, up 29% from €10.2 million in 2016. Its preliminary pretax earnings for 2017 increased 11% to €17.4 million from €15.7 million in 2016.