Wiesloch, 26. January 2022, 16:37 pm – Based on preliminary unaudited figures, MLP SE expects EBIT for the financial year 2021 of at least € 90 million and thus significantly exceeds the mean value of the current analyst estimates (so-called consensus) of € 74 million EBIT. These preliminary unaudited figures could possibly further increase due to final assessments, particularly in the real estate project business.
In addition to old-age provision and real estate brokerage, wealth management in particular – also through significantly higher performance-based compensation than planned for the fourth quarter of 2021 – contributed to the overall positive business performance. Performance-based compensation is accrued for the performance of investment concepts in wealth management and is largely recognised in income. The sales revenue effect from performance-based compensation in the fourth quarter of 2021 amounted to approximately € 25 million.
MLP will publish the complete business development figures for the fourth quarter of 2021 and the financial year 2021 as scheduled on March 10, 2022.
Performance-based compensation and EBIT represent alternative KPIs, which are described in further detail at: