MLP
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Results for the first half-year and the second quarter 2024

On August 14, MLP presents the results for the first half-year and the second quarter 2024. Here you will find the press release, report and presentation. Via the link below you can follow the analyst conference call live at 2 p.m.

H1 2024: MLP sets new record for both revenue and earnings

to the press release

  • Earnings before interest and taxes (EBIT) up significantly to EUR 48.7 million (H1 2023: EUR 37.4 million) – total revenue at EUR 514 million (H1 2023: EUR 475 million), positive contributions from all three competence fields
  • Very strong revenue growth in the Wealth competence field, primarily in wealth management and the interest rate business. Consistently high revenue level, both in the Property & Casualty competence field, which comprises the non-life insurance business with both corporate and private clients, and in the Life & Health competence field, which includes old-age provision and health insurance
  • Key figure for future revenue development further increased: MLP Group reaches new record for assets under management at EUR 60.5 billion
  • MLP confirms EBIT forecast of EUR 75 to 85 million for 2024 and anticipates reaching the upper half of this corridor
  • Planning for EBIT of between EUR 100 million and 110 million reaffirmed for the end of 2025 – further increase in assets under management and the non-life insurance portfolio volume, as well as sustainable growth across all competence fields

Analyst conference call, 14th August 2024, 2 p.m.

Reinhard Loose (CFO) To the recording

Photographs of MLP management members media library

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