Ad-hoc | 18 May 2005 10:12
MLP AG: MLP”s Q1 2005 figures exceed previous year”s values
Ad hoc announcement §15 WpHG
Periodenergebnisse
MLP AG: MLP”s Q1 2005 figures exceed previous year”s values
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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MLP”s Q1 2005 figures exceed previous year”s values
MLP Group pre-tax profit (EBT) totals EUR 14.9 million in Q1 2005, net profit
is posted at EUR 9.3 million. Both figures therefore slightly exceed those of
the same period last year of EUR 14.6 million and EUR 8.9 million
respectively. As expected, brokerage business, which is classified under MLP
Finanzdienstleistungen AG, has developed clearly weaker in comparison with
last year. This is mainly due to the comprehensive training measures which MLP
undertook in the first two months of 2005 to prepare its consultants for the
changes in the private pension provisions sector. Earnings in the life
insurance segment are by contrast considerably higher. This is due to the
slower new business and the corresponding low acquisition costs as well as
increasing premium income from existing policies.
MLP will be publishing detailed figures for Q1 2005 on 25th May.
Contact:
Christian Maertin
Tel. +49 / 6221 308 433 1
Fax +49 / 6221 308 113 1
MLP AG
Forum 7
69126 Heidelberg
Deutschland
ISIN: DE0006569908 (MDAX)
WKN: 656990
Listed: Amtlicher Markt in Frankfurt (Prime Standard) und Stuttgart;
Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg, Hannover und München; EUREX
End of ad hoc announcement (c)DGAP 18.05.2005
181012 Mai 05