MLP SE

Earnings Release • Nov 15, 2001

News Details

Ad-hoc | 15 November 2001 07:04

MLP AG english

MLP AG – MLP continues with clear growth Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– MLP continues with clear growth The Heidelberg-based financial services company MLP AG has increased its total consolidated group revenues in the first nine months of the 2001 business year to Euro 654.5 million. This corresponds to a rise of 32 percent in comparison with the figure of Euro 495.9 million for the same period last year. The earnings before tax on income increased by 34.2 percent to Euro 69 million compared to Euro 51.4 million for the same period last year. The DVFA result per share is Euro 0.44 after the first nine months of 2001, more than 33 percent above the value booked at the end of September 2000 of Euro 0.33. Since the pre-tax consolidated earnings reported by the end of the third quarter are usually more than doubled in the fourth quarter, MLP also forecasts a growth rate of 30 percent for the entire year in comparison with last year and expects to report annual pre-tax consolidated earnings of approximately Euro 150 million. The annual pre-tax consolidated earnings in 2000 were reported at Euro 114.8 million. The management board also expects the high rate of group expansion to remain unchanged in 2002. This includes a major increase in the number of Financial Consultants, staff and branch offices. As at the end of September 2001 MLP employed 2,442 Financial Consultants, 542 more than twelve months previously. By the end of September 2001 they advised a total of 434,000 clients. MLP has succeeded in increasing the number of clients by 79,000 since 1 October 2000. MLP has also been able to increase the number of branch offices to 310. This year alone 90 new branch offices have been opened. end of ad-hoc-announcement (c)DGAP 15.11.2001 ——————————————————————————– WKN: 656990; Index: DAX Listed: Amtlicher Handel in Frankfurt und Stuttgart; Freiverkehr in Berlin, Bremen, Düsseldorf und Hamburg; EUREX 150704 Nov 01