MLP SE: MLP anticipates EBIT 2021 to significantly exceed market expectations
DGAP-Ad-hoc: MLP SE / Key word(s): Preliminary Results/Annual Results 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/
26-Jan-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
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: | investorrelations@mlp.de |
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 |
|
1273222 26-Jan-2022 CET/CEST