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Results for the first nine months and the third quarter 2023

On November 9, MLP presents the results for the first nine months and the third quarter 2023. Here you find the press release, report and presentation. Via the link below you can follow the analyst conference call live at 2 p.m.

9M: Total revenue hits new record level

to the press release

  • At EUR 684.6 million, 9M total revenue hits a new record level (9M 2022: EUR 674.7 million); Q3 total revenue also up at EUR 209.7 million (Q3 2022: EUR 202.1 million) – pronounced stability in the overall business; interest rate business remains very strong
  • Non-life insurance with particularly strong gains; significant growth in old-age provision and health insurance – loans and mortgages with small signs of improvement in Q3, but, as anticipated and similar to real estate, down significantly after nine months due to the challenging market environment
  • Earnings before interest and taxes (EBIT) at EUR 45.2 million (9M 2022: EUR 52.2 million) – factors contributing to the decline include new trainee programme and, above all, inflation-based cost increases
  • Forecast for 2023 confirmed: EBIT of EUR 75 to 85 million in an environment that remains challenging
  • Mid-term planning to the end of 2025 reaffirmed: EBIT of EUR 100 to 110 million with sales revenue of more than EUR 1.1 billion

Analyst conference call, 9th November 2023, 2 p.m.

Reinhard Loose (CFO) To the recording

Photographs of MLP management members media library

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