Mlp Se · XETR:MLP

Mlp — Q1 2016 Earnings Presentation

18 slides from Mlp's earnings presentation, May 12, 2016

  1. Slide 1: Financial results Q1 2016

    Financial results Q1 2016 Reinhard Loose, CFO May 12, 2016

  2. Slide 2: Agenda

    Agenda  Highlights Q1 2016  Key financial figures Q1 2016  Consultants and clients  Outlook and summary  Questions & Answers MLP Q1 2016 Financial results Page 2

  3. Slide 3: Highlights Q1 2016

    Highlights Q1 2016  Total revenue up 17.2 percent to € 152.4 million  Operating EBIT at € 8.8 million (Q1 2015: € 7.0 million)  New offer at DOMCURA is displaying pleasing development  Efficiency measures are proceeding according to plan  Positive early indicators for further revenue developmen

  4. Slide 4: Agenda

    Agenda  Highlights Q1 2016  Key financial figures Q1 2016  Consultants and clients  Outlook and summary  Questions & Answers MLP Q1 2016 Financial results Page 4

  5. Slide 5: Q1: Total revenue rises to € 152.4 million

    Q1: Total revenue rises to € 152.4 million Total revenue Q1 [in € million] 175 152.4 150 130.0 125 Revenue 143.6 148.8 100 Revenue from 120.3 125.9 commissions and fees 75 Interest income 50 Other revenue 25 5.2 5.6 0 3.6 4.1 Q1 2016 Q1 2015 MLP Q1 2016 Financial results Page 5

  6. Slide 6: In non-life business MLP is benefiting from the acquisition of DOMCURA

    In non-life business MLP is benefiting from the acquisition of DOMCURA Revenue [in € million] Q1 2016 Q1 2015 Δ in % Old-age provision 36.2 42.0 -14 Q1/2015: Wealth management 38.9 40.7 -4 • Revenue old-age provision in Q1/2015 positively influenced Health insurance 11.8 11.8 0 by a one-time effect

  7. Slide 7: Assets under Management € 29.3 billion

    Assets under Management € 29.3 billion Assets under Management Premium sum: old-age provision [in € billion] [in € million] 600 30 29.0 29.0 29.3 582 570 28 550 26 24 22 500 20 18 450 16 14 12 400 31/03/2015 31/12/2015 31/03/2016 Q1 2015 Q1 2016 MLP Q1 2016 Financial results Page 7

  8. Slide 8: Further broadened revenue mix

    Further broadened revenue mix Revenue from commissions and fees Q1 2016: € 143.6 million (€ 120.3 million) 3% 2% 3% 2% 25 % Old-age provision 17 % 35 % Wealth management Health insurance 35 % Q1 2015 Q1 2016 Non-life insurance 10 % Loans and mortgages 27 % Other commissions 8% and fees 34 % MLP Q1 2

  9. Slide 9: Q1: Operating EBIT at € 8.8 million

    Q1: Operating EBIT at € 8.8 million Income statement [in Mio. Euro] Q1/2016: Q1 2016 Q1 2015 • One-off expenses within the scope of Total revenue 152.4 130.0 the efficiency measures: € 0.1 million Operating EBIT* 8.8 7.0 EBIT 8.7 7.0 Finance cost -0.1 -0.2 EBT 8.6 6.9 Taxes -2,4 -1,6 Group net profi

  10. Slide 10: Core capital ratio: 13.5 percent

    Core capital ratio: 13.5 percent [in € million] 31/03/2016 31/12/2015 Intangible assets 173.9 174,5 Financial investments 158.8 147.9 • Equity ratio: 21.6% Cash and cash equivalents 133.4 77.5 • Core capital ratio: 13.5% Other receivables and other assets 94.1 112.5 Shareholders’ equity 387.9 385.8

  11. Slide 11: Agenda

    Agenda  Highlights Q1 2016  Key financial figures Q1 2016  Consultants and clients  Outlook and summary  Questions & Answers MLP Q1 2016 Financial results Page 11

  12. Slide 12: MLP serves 511,000 private and 18,300 corporate clients

    MLP serves 511,000 private and 18,300 corporate clients Client base: family clients / corporate and institutional clients Private clients • Combined individuals: Number of private clients (families) (families) Partner relationship or parents-child unit and assigned to the same client 510,200 31/12/2

  13. Slide 13: MLP attracts 4,200 new private clients

    MLP attracts 4,200 new private clients Gross number of new clients Consultants (families) 4,200 , 2.000 1,942 1,931 , 4.000 3,700 , 1.750 , 1.500 , 2.500 , 1.250 1.000 , , 1.000 Q1 2015 Q1 2016 31/12/2015 31/03/2016 MLP Q1 2016 Financial results Page 13

  14. Slide 14: Agenda

    Agenda  Highlights Q1 2016  Key financial figures Q1 2016  Consultants and clients  Outlook and summary  Questions & Answers MLP Q1 2016 Financial results Page 14

  15. Slide 15: Outlook confirmed

    Outlook confirmed Qualitative assessment of the development of sales revenues • Costs will once again be 2016 2017 significantly reduced in the Revenue from old-age provision 0 0 financial year 2017 and Revenue from health insurance + 0 subsequent years (positive EBIT effect of around EUR 15 million

  16. Slide 16: Summary

    Summary  Sales revenue and earnings up in Q1  Market environment remains difficult – discussion on statutory pension and Riester contributing to further uncertainty among consumers  Efficiency measures launched on schedule  Forecast confirmed: As of the financial year 2017, MLP anticipates a sig

  17. Slide 17: Agenda

    Agenda  Highlights Q1 2016  Key financial figures Q1 2016  Consultants and clients  Outlook and summary  Questions & Answers MLP Q1 2016 Financial results Page 17

  18. Slide 18: Contact

    Contact MLP Corporate Communications Alte Heerstr. 40 69168 Wiesloch Deutschland  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-ag.de

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