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MLP SE Interim / Quarterly Report 2013

May 15, 2013

289_ip_2013-05-15_64e2a3fa-d7e4-4e18-a228-78394cb26e9a.pdf

Interim / Quarterly Report

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Reinhard Loose, CFO

May 15, 2013

  • •Financial details Q1 2013
  • •New business, consultants and clients
  • •Outlook and summary

  • •Questions and Answers

  • • Start to the year in old-age provision and health insurance significantly influenced by the changeover to new unisex products

  • • Continued pleasing development in wealth management – revenue rises by 65 percent to € 31.7 million, assets increase further to € 21.7 billion
  • • As expected, total revenue declines slightly to € 116.4 million following strong final quarter 2012
  • • EBITfalls to € 4.0 million due to decrease in revenue
  • • Dividend proposal of 32 cents per share for approval at the Annual General Meeting on 6th June

•Financial details Q1 2013

  • •New business, consultants and clients
  • •Outlook and summary
  • •Questions and Answers

Total revenue of € 116.4 million

Total revenue in Q1

[in € million]

Wealth management largely compensates for decrease in the insurance areas

Revenue

[in € million]

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*excluding MLP Hyp

MLP benefits from broad-based business model

Revenue from commissions and fees Q1 2013: € 106.4 million (€ 108.9 million)

EBIT decreased due to lower revenue and changed revenue mix

Income statement

[in € million]

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  • y Higher revenue at Feri Luxembourg leads to higher revenue costs
  • y Administration costs decrease to€ 61.7 million (€ 64.2 million)

Strong balance sheet

MLP Group

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•Financial details Q1 2013

•New business, consultants and clients

  • •Outlook and summary
  • •Questions and Answers

Assets under management rise to € 21.7 billion

New Business

MLP welcomed 5,000 new clients

Number of consultants New clients

  • •Financial details Q1 2013
  • •New business, consultants and clients
  • •Outlook and summary
  • •Questions and Answers

MLP expects EBIT to range between € 65 and € 78 million

Outlook 2013 to 2015 – in each case compared to the previous year

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  • •Continuation of the strict cost management
  • • If necessary, temporarily higher expenditure – either for important future investments or for one-off initial costs in order to ease future expenditure requirements
  • • Outlook: EBIT of between € 65 and € 78 million in the financial years 2013 to 2015 – depending on the respective market development

Summary

  • • Business development in the first quarter was influenced, as expected, by the strong final quarter 2012 and the changeover to the new unisex tariffs
  • • MLP benefits once again from the enhanced diversification of the business model – dynamic development in wealth management
  • • Framework conditionsremain challenging – especially in old-age provision
  • • As is usual with the MLP business model, the second half-year in particular is crucially important to our full year performance

  • • Outlook 2013 to 2015 reiterated: EBIT in the range of € 65 million to € 78 million

  • •Financial details Q1 2013

  • •New business, consultants and clients
  • •Outlook and summary
  • •Questions and Answers

Contact

MLP Corporate Communications Alte Heerstr. 4069168 WieslochGermany

  • Jan Berg, Head of Corporate Communications
  • Andreas Herzog, Senior Manager Investor Relations and Financial Communications

Tel.: +49 (0) 6222 308 8320 Fax: +49 (0) 6222 308 1131

[email protected] www.mlp-ag.com

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