Mlp Se · XETR:MLP
Mlp — Non-Deal Roadshow (October 2023)
28 slides from Mlp's roadshow presentation, October 2023
Slide 1: MLP SE – Tailored solutions for all financial questions
MLP SE – Tailored solutions for all financial questions Roadshow USA (Boston, Chicago, New York) October 2023
Slide 2: Summary
Summary • Consistently built up MLP Group including targeted M&A reaching effective revenue growth and revenue stabilisation – Trends boost MLP business activities • MLP major consulting fields meet clients needs – MLP digitalisation efforts and MLP sustainability management serve customers and orga
Slide 3: Agenda
Agenda 01 MLP at a glance 02 Business performance H1 2023 03 Forecast 2023 and planning 2025 3
Slide 4: Our network provides suitable solutions for all financial matters
Our network provides suitable solutions for all financial matters – always committed to our clients. We help individuals and companies reach better decisions. Mission MLP Group 4
Slide 5: Consistently built up MLP Group including targeted M&A
Consistently built up MLP Group including targeted M&A 2008 2015 2005 Strengthening Strengthening of the 1999 Strengthening of of occupational non-life insurance MLP Corporate independence, provision; business; 2019 University (CU) sale of insurance acquisition of TPC acquisition of MLP acquires maj
Slide 6: Track record of revenue growth and revenue stabilisation
Track record of revenue growth and revenue stabilisation Total revenue Recurring revenue in € million Proportion of recurring revenue in % a 500 475.0 421.8 2005 400 329.2 30 % 300.6 300 270.9 231.4 240.1 246.5 220.8 224.3 200 100 2022 64 % 0 2005 2007 2009 2011 2013 2015 2017 2019 2021 2023 Each as
Slide 7: Overall trends boost MLP business activities
Overall trends boost MLP business activities Growing wealth and inheritances drive the need of wealth management with portfolio diversification. Digitalisation drives the need of customer experience and cost efficiency. Demographic development drives the need of private Sustainability and occupation
Slide 8: MLP major consulting fields meet clients needs
MLP major consulting fields meet clients needs Wealth Old-age provision Insurance management • Investment management • Life insurances and • Non-life insurance disability protection • Investment consulting • Health insurance • Occupational pension • Expertise in alternative schemes • Industrial insu
Slide 9: MLP digitalisation efforts serve customers and cost efficiency
MLP digitalisation efforts serve customers and cost efficiency MLP consistent MLP new digitalisation business areas Further digitalisation Platform for employee benefits (":pxtra") of work processes and targeted use of tools Use of artificial intelligence and robotics in New direct client support ("
Slide 10: MLP sustainability management serves customers and climate protection
MLP sustainability management serves customers and climate protection MLP group focuses on MLP customer business includes sustainability efforts sustainability aspects Corporate carbon footprint as basis for Advisory based on individual climate protection measures and commitment sustainability prefe
Slide 11: MLP SE: Attractive dividend policy & valuation
MLP SE: Attractive dividend policy & valuation 1 Dividend per share in € Dividend yield Attractive 0.30 0.30 5.80% 0.20 0.20 0.21 0.23 4.50% 3.80% 4.30% 3.60% 3.50% Pay-out ratio Dividend policy 2022: 67% Pay out ratio: 50%-70% of net profit 2017 2018 2019 2020 2021 2022 2017 2018 2019 2020 2021 202
Slide 12: Agenda
Agenda 01 MLP at a glance 02 Business performance H1 2023 03 Forecast 2023 and planning 2025 12
Slide 13: Diversified total revenue and solid EBIT
Diversified total revenue and solid EBIT Total revenue Income statement in € million in € million 472.6 475.0 H1 2021 H1 2022 H1 2023 421.8 Total revenue 421.8 472.6 475.0 Revenue 427.7 417.2 399.8 Revenue from commissions and fees 459.6 461.5 EBIT 31.4 44.1 37.4 411.5 Revenue from real estate devel
Slide 14: Broad positioning is securing stability of overall business
Broad positioning is securing stability of overall business Revenue in € million Revenue breakdown: Wealth management Interest income H1: 150.3 (161.4) | -7% H1: 27.5 (7.5) | +266% 28% Non-life insurance (24%) 20% Real estate brokerage and development* H1: 127.8 (112.8) | +13% (19%) H1: 20.5 (50.4)
Slide 15: 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 16: Growth in family and corporate/institutional clients
Growth in family and corporate/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 H1 2021 H1 2022 H1 2023 New
Slide 17: Agenda
Agenda 01 MLP at a glance 02 Business performance H1 2023 03 Forecast 2023 and planning 2025 17
Slide 18: Forecast 2023
Forecast 2023 in € million EBIT 120 100-110 Wealth management 0 Health insurance 0 100 75-85 Loans and 80 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 19: Planning 2025: EBIT and sales revenue reach the next level
Planning 2025: EBIT and sales revenue reach the next level 2025 EBIT € 100 – 110 Growing non-life million Sustainable growth & insurance business Revenue Group synergies > € 1.1 billion Increase in assets under management • Portfolio volumes on the rise • Contribution from private and • Greater reve
Slide 20: Thanks for your attention!
Thanks for your attention! If you have any questions, please do not hesitate to contact us. Financial calendar 2023 Publication of the results for the first nine months November 9, 2023 and the third quarter 2023 November 28, 2023 Deutsches Eigenkapitalforum 2023 Frankfurt Alte Heerstraße 40 + 49 62
Slide 21: Appendix
Appendix @® MLP
Slide 22: Overview of MLP Group with its strong brands
01 MLP at a glance Overview of MLP Group with its strong brands: Consulting fields and segments Segments1 Financial consulting Banking FERI DOMCURA Deutschland.Immobilien Industrial Broker Consulting fields Wealth management Old-age provision2 Non-life insurance Health insurance Real estate brokerag
Slide 23: :pxtra – digital platform for employee benefits
01 MLP at a glance :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 solu
Slide 24: New direct client support: "MLP Choice"
01 MLP at a glance New direct client support: "MLP Choice" Further development All consultant clients have their own The contacts for direct clients Automated, data-based personal MLP consultant are the Choice Experts contacting with clients via and networking + Contact Manager, in all MLP systems C
Slide 25: New trainee programme simplifies entry into the consultant role
01 MLP at a glance 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 obj
Slide 26: H1: EBIT at € 37.4 million
02 Business performance H1 2023 H1: EBIT at € 37.4 million Income statement in € million H1 2022 H1 2023 Change in % Total revenue 472.6 475.0 +0.5 EBIT 44.1 37.4 -15.1 Finance cost -1.4 -2.4 -73.4 EBT 42.7 35.1 -17.9 Taxes -11.7 -11.4 +2.3 Net profit 31.0 23.6 -23.8 EPS in € (diluted/basic) 0.28 0.
Slide 27: Strong balance sheet structure
02 Business performance H1 2023 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
Slide 28: Growth to next EBIT level in 2025: Success factors
03 Forecast 2023 and planning 2025 Growth to next EBIT level in 2025: Success factors Increase in assets Sustainable growth Growing non-life insurance In € billion under management business 80 Private & in € million occupational 900 70 pension 800 60 provision 700 50 600 Group 500 40 synergies Inter