MLP SE (0NDP) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to MLP's conference call to our results for the first quarter of twenty twenty six. With me today is our CFO, Reinhard Lose. He will guide you through the presentation. And of course, we are happy to take your questions after the presentation. So please go ahead, Reinhard. Thank you, Pascal, and good afternoon, ladies and gentlemen. Firstly, the key takeaway from the first three months of the financial year 2026. MLP has once again made a strong start to the year. We've continued our midterm growth path while achieving new all time highs in revenue and earnings at the same time. This positive development was driven in particular by the strong revenue growth in the Property and Casualty competence field, whilst figures in the wealth and life and health competence fields remained stable. Thanks to our broad and strategically integrated positioning, we were able to successfully withstand the adverse external factors resulting from the military conflicts in the Persian Gulf. This was achieved despite a significant increase in uncertainty for the German economy and heightened volatility in capital markets in recent years. MLP also demonstrated strength in the key figures that are important for future revenue development. Assets under management remained stable despite a temporary downturn in stock markets, while the non life insurance premium volume once again increased to a new all time high. In terms of earnings before interest and taxes and short EBIT, the MLP Group at €41,300,000 is well on track to achieve its full year forecast of 100,000,000 to €110,000,000 Naturally, we are not immune to all uncertainties in our markets, but we have built up a high degree of resilience. We also reaffirm our planning to reach EBIT of €140,000,000 to €155,000,000 by the end ...