Brief: MLP 9-month EBIT Down At EUR 19.0 Mln

Mlp Se

14/11/2019 06:38

Nov 14 (Reuters) - MLP SE  MLPG.DE :
    * 9M: MLP INCREASES REVENUE BY 5 PERCENT, EARNINGS
DEVELOPMENT
FULLY IN LINE WITH PLANNING - OUTLOOK CONFIRMED
    * 9M REVENUE ROSE 5 PERCENT TO 487.3 MILLION EUR
    * 9-MONTH TOTAL REVENUE ROSE BY 5 PERCENT TO EUR 487.3
MILLION IN
FIRST NINE MONTHS (9M 2018: EUR 462.5 MILLION)
    * OUTLOOK CONFIRMED: MLP IS ANTICIPATING A GOOD CLOSING
QUARTER
AND STILL EXPECTS TO RECORD A SLIGHT INCREASE IN EBIT FOR YEAR
    * AT EUR 19.0 MILLION, EARNINGS BEFORE INTEREST AND TAXES
(EBIT)
ARE BELOW PREVIOUS YEAR FOLLOWING A POSITIVE ONE-OFF EFFECT IN
Q3 2018 (EUR 22.9 MILLION)
    * 9-MONTH COMMISSION INCOME INCREASED FROM EUR 438.1 MILLION
TO
EUR 463.4 MILLION
    * 9-MONTH INTEREST INCOME WAS EUR 12.5 MILLION AND WAS THUS
SLIGHTLY BELOW PREVIOUS YEAR'S FIGURE (EUR 12.9 MILLION).

Source text for Eikon:  ID:nEQNRtvGa 
Further company coverage:  MLPG.DE 

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