MLP SE Reports Record Revenue and Anticipates Continued Growth

MLP SE has reported its financial results for 2024, achieving a new milestone with total revenue exceeding one billion euros for the first time. The company reported a 10% revenue increase, reaching EUR 1,067 million. This marks the eleventh consecutive year of revenue growth, highlighting a compound annual growth rate of 9% since 2020. Earnings before interest and taxes (EBIT) rose to EUR 95.0 million, surpassing expectations.

The Wealth competence field significantly contributed to this growth, alongside sustained results in the Property & Casualty and Life & Health sectors. The Executive Board proposed a 20% increase in dividends to 36 cents per share. Looking ahead, MLP forecasts EBIT to rise between EUR 100 and 110 million in 2025, anticipating further contributions from its real estate and wealth management sectors.

By 2028, MLP plans to achieve EBIT between EUR 140 and 150 million and total revenue of EUR 1.3 to 1.4 billion, driven by strategic expansion across its primary business areas. The group aims to enhance consulting services for family clients, expand corporate client business, and apply a multi-asset strategy for institutional clients.