Mlp Se · XETR:MLP
Mlp — Shareholder Meeting (June 2022)
18 slides from Mlp's shareholder meeting presentation, Jun 2, 2022
Slide 1: Annual General Meeting 2022
Annual General Meeting 2022 Dr. Uwe Schroeder-Wildberg Chief Executive Officer of MLP SE Wiesloch, June 2, 2022
Slide 2: Overview FY 2021
Overview FY 2021 • FY 2021: Total revenue increased for the eighth year in succession, setting new all- time high at € 934.5 million • Despite challenging framework conditions and ongoing investments, earnings before interest and taxes (EBIT) at € 96.8 million significantly above the previous year's
Slide 3: Extended value creation within the MLP Group
Extended value creation within the MLP Group Strong brands in their Expansion of business respective business field: relations with growing Old-age provision range of services in the network Wealth Insurance management Clients* Intensive networking and Digitalisation to increase further knowledge tr
Slide 4: FY 2021: Total revenue reached new all-time high
FY 2021: Total revenue reached new all-time high In € million 934.5 Total revenue Proportion of recurring revenue 1,000 1.000 934.5 767.3 900 894.6 800 708.8 730.4 2005 700 629.8 628.2 Revenue 563.9 554.3 30% 600 532.1 545.5 907.3 499.0 Commission income 745.5 500 400 Revenue from interest income 30
Slide 5: FY 2021: Wealth management and real estate brokerage with particularly strong growth
FY 2021: Wealth management and real estate brokerage with particularly strong growth Revenue in € million Revenue breakdown: Wealth management Health insurance FY: 356.1 (262.1) +35.9% FY: 54.4 (50.6) +7.5% 26.6% (28.8%) Old-age provision 16.5% Loans and mortgages* FY: 241.7 (214.6) +12.6% (18.4%) F
Slide 6: Growth in family, corporate and institutional clients
Growth in family, corporate and institutional clients Family clients Corporate and institutional clients 575.000 575,000 26.000 26,000 562,300 24,800 554,900 549,600 550.000 550,000 24.000 24,000 22,500 21,800 22.000 22,000 525.000 525,000 20.000 20,000 500.000 500,000 18.000 18,000 475.000 475,000
Slide 7: FY 2021: EBIT significantly increased
FY 2021: EBIT significantly increased Income statement in € million 2020 2021 Change in percent Total revenue 767.3 934.5 +21.8 EBIT 59.4 96.8 +63.0 Finance cost -3.0 -3.6 -20.0 EBT 56.3 93.3 +65.7 Taxes -13.1 -30.4 -132.1 Net profit 43.2 62.8 +45.4 EPS in € (diluted/basic) 0.40 0.57 +42.5 7
Slide 8: Return on equity increased
Return on equity increased In € million Assets Dec. 31, 2020 Dec. 31, 2021 Equity ratio: 13.4% Intangible assets 178.9 226.8 197.6 195.2 Return on equity: 13.8% Financial assets 880.6 961.4 Receivables from clients in the banking business Core capital ratio: 17.9% Receivables from financial institut
Slide 9: Dividend of 30 cents per share proposed
Dividend of 30 cents per share proposed In € cents Dividend per share Indexed share price development 30 30 180 MLP SE SDAX DAXsector Financial Services 170 25 23 20 21 160 20 150 15 140 130 10 120 5 110 0 100 2018 2019 2020 2021* 90 80 Return on dividend 70 4.5% 3.8% 4.3% 3.5% 60 Distribution rate
Slide 10: Sustainability management becoming more important
Sustainability management becoming more important Climate neutrality of the 2022: Dedicated Group as of 2022 Sustainability Policy adopted for the MLP Group Switching over the entire energy supply to renewable energies in 2019 2020: "Prime" Further optimised mobility concept status achieved for as w
Slide 11: Further increases of key figures in the MLP Group
Further increases of key figures in the MLP Group In € billion Assets under management In € million Non-life insurance portfolio volume 60 56.6 600 554.6* 50 500 440.4 42.7 405.5 39.2 400 40 30 300 20 200 10 100 0 0 2019 2020 2021 2019 2020 2021 Each as of December 31 *Incl. first-time consolidation
Slide 12: Further training now also offered to external participants: MLP School of Financial Education
Further training now also offered to external participants: MLP School of Financial Education • The MLP Corporate University has been offering top level training and further education for more than 20 years – The MLP School of Financial Education now also offers training programmes for external part
Slide 13: Forecast 2022 – EBIT benefits from successfully implemented growth drivers
Forecast 2022 – EBIT benefits from successfully implemented growth drivers In € million EBIT EBIT 2022 expected to reach 120 100-110 € 75 to 85 million 100 Strong investment phase completed in 2021 75-85 • Break-even in the young segment • Optimised cost structure 80 EBIT 2020 and 2021 60 • Strong c
Slide 14: Planning for 2025 – EBIT and sales revenue reaching the next level
Planning for 2025 – EBIT and sales revenue reaching the next level 2025 EBIT € 100 – 110 Growing real estate million Sustainable business Sales > € 1.1 billion Increasing assets Growth under management • Rising brokerage volume • Greater revenue from old-age • Project business gaining ground provisi
Slide 15: Success factors for growth to next EBIT level in 2025
Success factors for growth to next EBIT level in 2025 Increase in assets under Sustainable growth Growing real estate business In € billion management In € million 80 Private 700 70 old-age provision 600 60 500 50 Occupational pension Non-life 400 40 provision insurance 300 30 portfolio 20 200 Incre
Slide 16: Q1 2022: Total revenue up by 15 percent
Q1 2022: Total revenue up by 15 percent In € million In € million Total revenue EBIT 254.7 50 221.4 40 34.6 Commission income 238.8 Sales revenue 30 249.9 210.4 Revenue from 21.8 215.6 real estate development 20 Interest income Other revenue 10 2.0 7.6 3.3 3.6 5.8 4.7 0 Q1 2021 Q1 2022 Q1 2021 Q1 20
Slide 17: Summary
Summary • A wide range of challenges overcome, while seizing opportunities in markets – 2021 again represents an exceptional and particularly successful year for MLP • MLP Group now stronger and more diversified than ever before, at the same time additional growth potential created – Forecast for 20
Slide 18: Many thanks for your time.
Many thanks for your time. We are happy to answer any questions you may have. Alte Heerstraße 40 +49 6222 • 308 • 8320 investorrelations@mlp.de mlp-se.com 69168 Wiesloch