Slide 1: Business figures H1/Q2 2023
Business figures H1/Q2 2023 Reinhard Loose Chief Financial Officer of MLP SE Wiesloch, August 10, 2023
Slide 2: Highlights H1 2023
Highlights H1 2023 • Total revenue rises to new all-time high of € 475.0 million – broad and strategically interlinked positioning is securing stability of the overall business, strong growth recorded particularly in interest rate business and occupational pension provision • Despite operating in fr
Slide 3: MLP Group: Strengthened synergies, digital focus
MLP Group: Strengthened synergies, digital focus Greater depth of value added in the Group • Mutual support through brand and know-how transfer in the Group • Economies of scale and expanded client base • Direct support for consulting processes by specialists • Sales revenue synergies through intera
Slide 4: Agenda
Agenda • Business performance H1/Q2 2023 • Strategic developments • Forecast 2023 and planning 2025 • Summary and questions 4
Slide 5: Total revenue hits new record level
Total revenue hits new record level in € million 472.6 475.0 Total revenue H1 500 475.0 421.8 421.8 400 Revenue 329.2 427.7 417.2 300.6 399.8 Revenue from 300 270.9 commissions and fees 459.6 461.5 231.4 240.1 224.3 246.5 411.5 220.8 Revenue from real estate development 200 Revenue from interest rat
Slide 6: Revenue growth in various consulting fields
Revenue growth in various consulting fields Revenue in € million Revenue breakdown: Wealth management Interest income H1: 150.3 (161.4) | -7% H1: 27.5 (7.5) | +266% Q2: 76.6 (80.3) | -5% Q2: 15.7 (3.9) | +299% 28% Non-life insurance (24%) 20% Real estate brokerage and development* H1: 127.8 (112.8)
Slide 7: New record levels in key figures
New record levels in key figures in € billion Assets under management in € million Non-life insurance portfolio volume 60 56.6 56.7 800 54.3 700 682.2 50 632.2* 42.7 600 561.2* 39.2 40 500 440.4 405.5 30 400 336.3 300 20 11.4 200 10 100 0 0 2007 2019 2020 2021 2022 H1 2023 2016 2019 2020 2021 2022 H
Slide 8: H1: EBIT at € 37.4 million
H1: EBIT at € 37.4 million Income statement in € million Q2 2022 Q2 2023 Change in % H1 2022 H1 2023 Change in % Total revenue 217.9 212.2 -2.6 472.6 475.0 +0.5 EBIT 9.5 5.0 -47.2 44.1 37.4 -15.1 Finance cost -0.7 -1.3 -79.5 -1.4 -2.4 -73.4 EBT 8.7 3.7 -57.9 42.7 35.1 -17.9 Taxes -1.9 -2.9 -51.1 -11
Slide 9: Strong balance sheet structure
Strong balance sheet structure Statement of financial position in € million Assets Dec. 31, 2022 June 30, 2023 Key figures as of June 30, 2023 Intangible assets 234.5 231.7 MLP Group Equity ratio: 14.4% Financial assets 243.6 185.8 Return on equity*: 4.5% Receivables from clients in the banking busi
Slide 10: H1: Growth in the number of family as well as corporate and institutional clients
H1: Growth in the number of family as well as corporate and institutional clients Family clients Corporate and institutional clients 600.000 30.000 27,600 575,500 575.000 567,200 25,000 25.000 24,500 557,100 552,400 550.000 21,900 20.000 525.000 500.000 15.000 H1 2020 H1 2021 H1 2022 H1 2023 H1 2020
Slide 11: Agenda
Agenda • Business performance H1/Q2 2023 • Strategic developments • Forecast 2023 and planning 2025 • Summary and questions 11
Slide 12: New trainee programme simplifies entry into the consultant role
New trainee programme simplifies entry into the consultant role Quality-assured consultancy thanks to continuous further training at the multi-accredited and certified MLP Corporate University Recruiting Trainee programme Work as a Recruitment of 4 months consultant an objective and transpar
Slide 13: :pxtra – digital platform for employee benefits
:pxtra – digital platform for employee benefits The employer specifies Employees pick their own Implementation and the level of the budget package of desired administration are and available benefit mix benefits straightforward and legally watertight thanks All-in-one digital solution for to use of
Slide 14: Agenda
Agenda • Business performance H1/Q2 2023 • Strategic developments • Forecast 2023 and planning 2025 • Summary and questions 14
Slide 15: Forecast 2023
Forecast 2023 in € million EBIT 120 100-110 Wealth management 0 Health insurance 0 100 75-85 80 Loans and Old-age provision + mortgages -- 60 Interest Non-life insurance ++ income ++ 40 20 Real estate brokerage and development -- 0 2019 2020 2021 2022 2023e 2025p Forecast Planning very positive : ++
Slide 16: Planning for 2025: EBIT and sales revenue reach the next level
Planning for 2025: EBIT and sales revenue reach the next level 2025 EBIT € 100 – 110 Growing non-life million Sustainable growth & insurance business Revenue > € 1.1 billion Group synergies Increase in assets under management • Portfolio volumes on the rise • Contribution from private and • Greater
Slide 17: Agenda
Agenda • Business performance H1/Q2 2023 • Strategic developments • Forecast 2023 and planning 2025 • Summary and questions 17
Slide 18: Summary
Summary • The first six months of the year underline the resilience of MLP in the face of negative developments in the markets, EBIT also impacted by one-off effect • Very solid base established for the rest of the year – as well as strategic further developments expedited • Forecast for 2023 confir
Slide 19: Many thanks for your time.
Many thanks for your time. We are happy to answer any questions you may have. Alte Heerstraße 40 06222 • 308 • 8320 investorrelations@mlp.de mlp-se.com 69168 Wiesloch