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MLP SE

Earnings Release Jan 26, 2022

289_rns_2022-01-26_aa08e4b0-0c47-49d3-8e79-54b12c8d2cee.html

Earnings Release

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News Details

Ad-hoc | 26 January 2022 16:37

MLP SE: MLP anticipates EBIT 2021 to significantly exceed market expectations

MLP SE / Key word(s): Preliminary Results/Annual Results

MLP SE: MLP anticipates EBIT 2021 to significantly exceed market expectations

26-Jan-2022 / 16:37 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.


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:

https://mlp-se.com/investors/mlp-share/key-figures/

Contact/notifying person:

Frank Heinemann

Head of Corporate Communications

Telefon: +49 6222 308 3513

E-Mail: [email protected]


26-Jan-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.dgap.de


Language: English
Company: MLP SE
Alte Heerstraße 40
69168 Wiesloch
Germany
Phone: +49 (0)6222-308-8320
Fax: +49 (0)6222-308-1131
E-mail: [email protected]
Internet: www.mlp-se.de
ISIN: DE0006569908
WKN: 656990
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Tradegate Exchange
EQS News ID: 1273222
End of Announcement DGAP News Service

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