Germany's MLP FY 2025 revenue hits record but misses estimates

Mlp Se

12/03/2026 06:43

Corrects to "total revenue" from "revenue" in first bullet of Overview section and second bullet of Outlook section; Corrects Key Details table to say FY Total Revenue of EUR 1.08 bln beat estimates; Removes reference to estimates from headline

Overview

Germany financial services provider's FY 2025 total revenue hit record

FY 2025 EBIT slightly beat consensus, includes one-off real estate business effect

Company forecasts FY 2026 EBIT of EUR 100-110 mln, driven by increased use of AI

Outlook

MLP forecasts 2026 EBIT between EUR 100 mln and EUR 110 mln

Company confirms 2028 mid-term targets: EBIT of EUR 140 mln to EUR 155 mln, total revenue of EUR 1.3 bln to EUR 1.4 bln

MLP expects growth from expanded consulting for family clients, corporate client business and multi-asset approach

Result Drivers

PROPERTY & CASUALTY GROWTH - Revenue increase in Property & Casualty segment driven by positive new business development

AI EXPANSION - Increased use of artificial intelligence in automated analysis and policy purchase processes and consultant support

ONE-OFF REAL ESTATE EFFECT - EBIT impacted by EUR -9.2 mln one-off from focusing real estate business

Company press release: ID:nEQxm0l6a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Total Revenue
Beat
EUR 1.08 bln
EUR 1.07 bln (5 Analysts)
FY EPS
EUR 0.51
FY Net Income
EUR 55.70 mln
FY EBIT
Slight Beat*
EUR 87.90 mln
EUR 87.18 mln (5 Analysts)
FY Pretax Profit
Miss
EUR 85.10 mln
EUR 88.40 mln (5 Analysts)

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the diversified investment services peer group is "buy"

Wall Street's median 12-month price target for MLP SE is €10.00, about 41.8% above its March 11 closing price of €7.05

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

 (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)