In a market environment that remains very difficult, MLP was able to increase total revenue by 6 percent to Euro 531.1 million in 2014 (2013: Euro 499.0 million), while earnings before interest and tax (EBIT) rose by 27 percent to Euro 39.0 million (Euro 30.7 million). The net profit for the period increased to Euro 29.0 million (Euro 23.9 million). On the basis of this business development, the Executive Board and Supervisory Board propose a dividend of 17 cents per share (2013: 16 cents). This corresponds to a pay-out ratio of 63 percent and therefore falls within the announced corridor.
MLP anticipates a slight increase in EBIT for the financial year 2015.
The annual report is available online at http://www.mlp-ag.com/investor-relations/financial-publication/reports The Annual General Meeting will convene in Mannheim on 18th June 2015.
MLP Group (in EUR million) |
Q4/ 2014 |
Q4/ 2013* |
Change in % |
12 months 2014 |
12 months 2013* |
Change in % |
---|---|---|---|---|---|---|
Revenue | 177.8 | 155.3 | 14 | 509.7 | 480.5 | 6 |
Commission income | 172.0 | 149.8 | 15 | 486.9 | 457.7 | 6 |
Revenue from the interest rate business | 5.8 | 5.5 | 5 | 22.9 | 22.8 | 0 |
Other revenue | 8.6 | 7.0 | 23 | 21.4 | 18.5 | 16 |
Total revenue | 186.4 | 162.3 | 15 | 531.1 | 499.0 | 6 |
Earnings before interest and tax (EBIT) | 29.6 | 20.5 | 44 | 39.0 | 30.7 | 27 |
Earnings before tax (EBT) | 28.4 | 20.7 | 37 | 37.6 | 30.8 | 22 |
Group net profit | 21.8 | 16.0 | 36 | 29.0 | 23.9 | 21 |
Earnings per share (diluted/ basic) in euros | 0.20 | 0.15 | 33 | 0.27 | 0.22 | 23 |
Clients | 847,600 | 841,600** | 1 | |||
Consultants | 1,952 | 1,944** | 0 |
*) Previous year's values adjusted
**) 30th September 2014