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

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: frank.heinemann@mlp.de