DGAP-Adhoc: MLP SE: MLP SE expects to exceed its EBIT forecast for 2020

2021. január 04., hétfő, 20:44





DGAP-Ad-hoc: MLP SE / Key word(s): Forecast/Change in Forecast


MLP SE: MLP SE expects to exceed its EBIT forecast for 2020


04-Jan-2021 / 20:44 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.


The issuer is solely responsible for the content of this announcement.




MLP SE recorded significantly higher performance-linked compensation in the fourth quarter of 2020 than previously planned. Alongside overall positive development of operation, the MLP Group therefore expects to exceed its EBIT forecast (upper end of the range of EUR 34 to 42 million). It is not possible to quantify the newly expected level of EBIT until more specific figures on business development are available for the fourth quarter of 2020.



Performance-linked compensation is accrued for the positive performance of investment concepts in wealth management and is largely recognised in income. The revenue effect in the fourth quarter of 2020 amounted to around 15.6 million euros.



MLP published its EBIT forecast in an ad hoc release on April 27, 2020 and specified a range of EUR 34 to 42 million for the financial year 2020. The expectation of reaching the upper end of this range was then substantiated in a further ad hoc release on July 23, 2020.



The online press and analyst conference will be held as scheduled on February 25, 2021.



Performance-linked compensation and EBIT represent alternative KPIs, which are described in further detail at:



https://mlp-se.com/investors/mlp-share/key-figures/



Contact/notifying person:



Jan Berg



Head of Corporate Communications



Tel: +49 6222 308 4595



Email: jan.berg@mlp.de











04-Jan-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: MLP SE

Alte Heerstraße 40

69168 Wiesloch

Germany
Phone: +49 (0)6222-308-8320
Fax: +49 (0)6222-308-1131
E-mail: investorrelations@mlp.de
Internet: www.mlp-se.de
ISIN: DE0006569908
WKN: 656990
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Tradegate Exchange
EQS News ID: 1158326





 
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