Mlp Se · XETR:MLP
Mlp — 9M/Q3 2019 Earnings Presentation
18 slides from Mlp's earnings presentation, Nov 14, 2019
Slide 1: Business figures 9M/Q3 2019
Business figures 9M/Q3 2019 Reinhard Loose, CFO Wiesloch, November 14, 2019
Slide 2: Agenda
Agenda Highlights 9M/Q3 2019 Key financial figures 9M/Q3 2019 Summary and outlook Questions and answers Page 2 November 14, 2019 MLP 9M/Q3 2019 business figures
Slide 3: Highlights 9M/Q3 2019
Highlights 9M/Q3 2019 9M: Total revenue up 5 percent to new record high (€ 487.3 million) Gains recorded in virtually all fields of consulting – greatest dynamics recorded in old-age provision with an increase of 9 percent At € 19.0 million, earnings before interest and taxes (EBIT) fully in l
Slide 4: Agenda
Agenda Highlights 9M/Q3 2019 Key financial figures 9M/Q3 2019 Summary and outlook Questions and answers Page 4 November 14, 2019 MLP 9M/Q3 2019 business figures
Slide 5: 9M: Total revenue on a new high
9M: Total revenue on a new high Total revenue In € million 487.3 487.3 462.5 440.7 411.8 406.0 418.6 373.1 369.5 346.7 345.4 348.8 356.5 355.3 338.8 344.7 Revenue Commission income 463.4 475.9 Interest income 158.1 Other revenue 150.1 154.1 4.0 12.5 9M 4.0 11.4 2005 2006 2007 2008 2009 2010 2011 201
Slide 6: 9M: Revenue increased in almost all consulting fields
9M: Revenue increased in almost all consulting fields Revenue 9M/Q3 In € million Revenue breakdown: Old-age provision Real estate brokerage 9M: 134.0 (122.6) +9.3% 9M: 14.3 (14.6) -2.1% 33.7% (33.9%) Q3: 50.1 (46.4) | +8.0% Q3: 6.1 (4.6) | +32.6% Wealth management Loans and mortgages* 28.2% (27.2 %)
Slide 7: 9M: Growth in stock values
9M: Growth in stock values Assets under management Non-life insurance premium volume In € billion In € million Highest figure in Volume comparable to that of a medium- Group history sized insurer in the market 38.1 400.5 36.1 378.9 Sep 30, 2018 Sep 30, 2019 Sep 30, 2018 Sep 30, 2019 Page 7 November
Slide 8: 9M: EBIT at € 19.0 million
9M: EBIT at € 19.0 million Income statement In € million Q3 2018 Q3 2019 9M 2018 9M 2019 Effects on EBIT: Total revenue 151.9 158.1 462.5 487.3 1. Q3 2018: Capitalisation of a VAT receivable, EBIT 10.8 6.7 22.9 19.0 EBIT contribution of € 2.9 million Finance cost -0.1 -0.1 -0.5 -0.7 2. Q3 2019: Lowe
Slide 9: Core capital ratio at 17.7 percent
Core capital ratio at 17.7 percent Balance sheet overview Assets In € million Dec 31, 2018 Sep 30, 2019 Intangible assets 155.9 186.0 Equity ratio: 15.4 % Property, plant and equipment 78.3 134.0 Financial investments 165.3 172.4 Core capital ratio 17.7 % Receivables from clients in the banking busi
Slide 10: Net liquidity of around € 126 million
Net liquidity of around € 126 million As of September 30, 2019 In € million 2,500 148 2,000 1,500 1,541 1.541 1,807 1,000 500 86 86 86 286 444 444 444 444 412 126 126 0 Cash and cash Financial investments Receivables from Other receivables Liabilities due to the Short-term liabilities Net liquidity
Slide 11: Growth in both client and consultant numbers
Growth in both client and consultant numbers MLP family clients MLP consultants 547,900 1,928 1,932 538,100 1,888 Sep 30, 2018 Sep 30, 2019 Gross number of 13,200 13,600 new clients Sep 30, 2018 Dec 31, 2018 Sep 30, 2019 Page 11 November 14, 2019 MLP 9M/Q3 2019 business figures
Slide 12: Expedited process for acquiring new consultants – tangible potential
Expedited process for acquiring new consultants – tangible potential EBIT contribution from the university segment EBIT in € million • Number of consultants in the university 10 segment increased from around 200 to Break-even 2021 around 300 since the same quarter of the 5 previous year • Increase t
Slide 13: Integration of DEUTSCHLAND.Immobilien running to schedule
Integration of DEUTSCHLAND.Immobilien running to schedule The MLP Group at a glance New DEUTSCHLAND.Immobilien Store at the MLP Consulting Centre in Heidelberg • Showroom with current real estate objects for investments – also as waiting area for MLP clients • Regular events for prospective clients
Slide 14: Agenda
Agenda Highlights 9M/Q3 2019 Key financial figures 9M/Q3 2019 Summary and outlook Questions and answers Page 14 November 14, 2019 MLP 9M/Q3 2019 business figures
Slide 15: Forecast for the financial year 2019 confirmed
Forecast for the financial year 2019 confirmed Qualitative assessment of revenue development Earnings performance very positive: ++, positive: +, neutral: 0, negative: -, very negative: -- in € million 60 Old-age provision + 50 46.7* 46.4 40 35.1* 9.1 Wealth management + 30.7 30 15.4 20 37.6 Health
Slide 16: Summary
Summary Sales revenue after nine months increased to new record level – positive development of important value stocks Further development of the university segment with visible success – further increase in consultant numbers anticipated by the end of the year Stronger earnings trend than in
Slide 17: Agenda
Agenda Highlights 9M/Q3 2019 Key financial figures 9M/Q3 2019 Summary and outlook Questions and answers Page 17 November 14, 2019 MLP 9M/Q3 2019 business figures
Slide 18: 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.com Page