MLP SE · XETR:MLP
MLP — H1 2020 Earnings Presentation
19 slides from MLP's earnings presentation, Aug 13, 2020
Slide 1: Financial Results H1/Q2 2020
Financial Results H1/Q2 2020 Reinhard Loose, CFO Wiesloch, August 13, 2020
Slide 2: Agenda
Agenda Highlights H1/Q2 2020 Key financial figures H1/Q2 2020 Consultants and clients Summary and outlook Questions and answers Page 2 August 13, 2020 MLP H1/Q2 2020 Financial Results
Slide 3: Highlights of H1/Q2 2020
Highlights of H1/Q2 2020 Preliminary figures confirmed: EBIT significantly above the previous year's level, both for the first half of the year (€ 18.8 million as against € 12.2 million) and for the second quarter (€ 8.1 million as against € -0.3 million) H1: Total revenue increased by 9 % to ne
Slide 4: Agenda
Agenda Highlights H1/Q2 2020 Key financial figures H1/Q2 2020 Consultants and clients Summary and outlook Questions and answers Page 4 August 13, 2020 MLP H1/Q2 2020 Financial Results
Slide 5: H1: Total revenue increased to highest level since 2005
H1: Total revenue increased to highest level since 2005 Total revenue In € million 359.0 400 359.0 350 329.2 310.6 300.6 300 287.3 283.6 273.2 246.6 244.9 250 231.4 232.8 240.1 233.7 224.3 226.9 339.7 219.6 Revenue 347.6 200 165.3 Commission income 150 Interest income 158.2 100 154.3 Other revenue 5
Slide 6: Growth primarily in real estate brokerage, wealth management and non-life insurance
Growth primarily in real estate brokerage, wealth management and non-life insurance Revenue H1 and Q2 In € million Revenue breakdown H1: Old-age provision Real estate brokerage H1: 78.9 (84.0) -6.1% H1: 16.1 (8.1) +98.8% Q2: 39.5 (46.0) | -14.1 % Q2: 8.6 (4.8) | +79.2 % 34.6% (32.5%) Wealth manageme
Slide 7: Assets under management: New record high achieved following coronavirus setback
Assets under management: New record high achieved following coronavirus setback MLP Group Assets under management In € billion 39.2 39.6 40 37.2 33.9 34.5 31.5 30 27.5 29.0 24.5 19.8 20.2 21.2 20 17.0 14.0 10 0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Q1 2020 H1 2020 As of Decembe
Slide 8: H1: Significant rise in EBIT despite coronavirus impact
H1: Significant rise in EBIT despite coronavirus impact Income statement In € million Q2 2019 Q2 2020 H1 2019 H1 2020 Total revenue 151.4 165.3 329.2 359.0 EBIT -0.3 8.1 12.2 18.8 Finance cost -0.3 0 -0.6 -1.0 EBT -0.7 8.1 11.6 17.8 Taxes 0.6 -2.5 -2.6 -4.7 Net profit -0.1 5.6 9.0 13.1 EPS in € (dil
Slide 9: Strong balance sheet
Strong balance sheet Balance sheet overview In € million Assets Dec 31, 2019 June 30, 2020 Intangible assets 183.1 180.8 Equity ratio: 14.1 % Financial assets 178.6 226.6 Receivables from clients in the banking business 872.2 832.4 Core capital ratio 18.9 % Receivables from banks in the banking busi
Slide 10: Agenda
Agenda Highlights H1/Q2 2020 Key financial figures H1/Q2 2020 Consultants and clients Summary and outlook Questions and answers Page 10 August 13, 2020 MLP H1/Q2 2020 Financial Results
Slide 11: Sustainable turnaround in the increase of consultant numbers
Sustainable turnaround in the increase of consultant numbers Development in consultant numbers 60 +53 50 40 +33 30 • Successful development of the +19 20 "young" segment 10 • Additional recruiting of industry 2017 experts 0 2018 2019 H1 2020 -10 -20 -30 -31 -40 In each case on an annual basis, H1 as
Slide 12: MLP bucks overall market trend and increases consultant numbers
MLP bucks overall market trend and increases consultant numbers Brokerage companies in the market MLP consultants 2.300 2,300 24,000 23,500 - 18 to 23 % 2.200 2,200 22,000 2.100 2,100 20,000 19,300 1,981 2.014 2,014 2.000 1.981 2,000 18,100 1.928 1,928 1.913 Planned 18,000 1.909 1,909 1,913 1.900 in
Slide 13: Number of family clients increases to 552,400
Number of family clients increases to 552,400 Family clients Corporate and institutional clients 552,400 21,900 550,000 545,800 22,000 535,100 20,900 20,400 525,000 20,000 500,000 18,000 475,000 June 30, 2018 June 30, 2019 June 30, 2020 Gross number 16,000 of new clients 8,800 8,800 8,400 June 30, 2
Slide 14: Agenda
Agenda Highlights H1/Q2 2020 Key financial figures H1/Q2 2020 Consultants and clients Summary and outlook Questions and answers Page 14 August 13, 2020 MLP H1/Q2 2020 Financial Results
Slide 15: Forecast 2020 – upper end of the EBIT range anticipated
Forecast 2020 – upper end of the EBIT range anticipated Qualitative assessment of revenue development Earnings performance (EBIT) very positive: ++, positive: +, neutral: 0, negative: -, very negative: -- In € million 50 46.4 47.1 Old-age provision 0/- 42 40 Wealth management 0 30 34 Health insuranc
Slide 16: Planning for 2022 confirmed: EBIT of € 75 to 85 million
Planning for 2022 confirmed: EBIT of € 75 to 85 million anticipated EBIT performance Growth driver In € million 85 75 Expansion of university Expansion of real estate brokerage business 47.1 Consistent growth Project business across various Ongoing cost management slowing down increase DEUTSCHLAND.
Slide 17: Summary
Summary MLP is currently doing well despite the coronavirus pandemic: strong revenue growth in H1 and also significantly increased earnings MLP will remain resolute in the second half of the year and take the opportunities when they present themselves in the market – but coronavirus-related mark
Slide 18: Agenda
Agenda Highlights of H1/Q2 2020 Key financial figures H1/Q2 2020 Consultants and clients Summary and outlook Questions and answers Page 18 August 13, 2020 MLP H1/Q2 2020 Financial Results
Slide 19: Contact
Contact MLP Corporate Communications Alte Heerstr. 40 69168 Wiesloch Germany Frank Heinemann Head of External Communications Andreas Herzog Head of Investor Relations and Financial Communications Tel.: +49 (0) 6222 308 8320 Fax: +49 (0) 6222 308 1131 investorrelations@mlp.de www.mlp-se.de Page 19