MLP : Analysts' Conference on results for the financial year 2022
March 09, 2023 at 01:32 am EST
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FY 2022 business figures
Wiesloch, March 9, 2023
Highlights FY 2022
FY 2022: Total revenue increases to € 949.1 million (2021: € 934.5 million)
Broadly diversified revenue structure, strong interest rate business
Wealth management: Successful investment of client funds, net cash inflows - as anticipated, capital market developments led to significant reduction in performance‐ based compensation over the previous year's extremely high figure
Despite markedly changed and particularly challenging framework conditions: Earnings before interest and taxes (EBIT) of € 75.6 million (2021: € 96.8 million; 2020: € 59.4 million) remain within the forecast corridor
Executive Board proposes dividend of 30 cents per share (2021: 30 cents)
Financial year 2022 underlines stability of the MLP Group with business model still holding further growth potential
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Serious challenges for our economy
Europe's heavy dependence on China
Accelerated proliferation of digital offers
Time needed for online services to reach one million users (market entry in brackets)
97 %
Solar wafers
54 % Wind turbines
89 %
Rare‐earth elements
60 %
Lithium and cobalt
35 %
Nickel
Netflix (1999) Kickstarter* (2009)
Airbnb** (2008)
Twitter (2006)
Foursquare*** (2009)
Facebook (2004) Dropbox (2008)
Spotify (2008) Instagram*** (2010)
ChatGPT (2022)
13 months
10 months
7 months
5 months
2.5 months
5 days
3.5 years
years
years
2 years
Source: International Energy Agency IEA | Selected products and raw materials
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Source: Statista | Company information via Business Insider/LinkedIn
* 1 million supporters | ** 1 million overnight stays | *** 1 million downloads
Very stable positioning
Strong brands establish a broadly diversified consulting portfolio in the MLP Group
Old‐age provision
Wealth management
+ Reinvigorated interest rate business
26%
Insurances*
FY 2022
26%
€ 893 million
Revenue from
commissions and fees,
as well as project
business
10%
Real estate brokerage and development
35%
3%
Other (e.g. loans and mortgages)
* Non‐life insurance and health insurance
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FY 2022: Total revenue increases to € 949.1 million
In € million
Total revenue
934.5
1,000
900
800
708.8
700
629.8
628.2
600
532.1 545.5
554.3
500
499.0
400
300
200
100
0
2007 2009 2011 2013 2015 2017 2019 2021
934.5
876.7
907.3
17.9
12.7
27.2
2021
949.1
842.4
913.8
50.2
21.3
35.4
2022
Proportion of recurring revenue
Revenue
Revenue from
2005
commissions and fees
30 %
Revenue from real
estate development
Revenue from interest rate business
Other revenue
2022
64 %
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Disclaimer
MLP SE published this content on 09 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2023 06:31:05 UTC.
MLP SE is a Germany-based holding company engaged in the investment management and fund operators industries. Through its subsidiaries, the Company operates as a financial services company which offers financial products and solutions. The Company operates four business segments. The Financial Services segment provides consulting services, insurance, investments, pension provision schemes and loans, as well as contract brokering concerning these financial services, among others. In addition, this segment includes portfolio management, trustee credit business and credit card business. The Feri segment covers wealth and investment consulting. The Holding business segment covers the Companyâs internal services and activities. The Non-Life Insurance segment covers underwriting. All segments are active in Germany, whereas the Feri segment also operates in Luxembourg. The Company operates MLP Finanzdienstleistungen AG, FERI AG, TPC GmbH and the DOMCURA Group as wholly owned subsidiaries.