Germany's MLP Q1 revenue rises 5% on property & casualty segment strength

Mlp Se

13/05/2026 06:49

Overview

Germany financial services provider's Q1 revenue rose 5% to record EUR 315 mln

Q1 EBIT increased 9% to EUR 41.3 mln, driven by Property & Casualty growth

Company confirmed 2026 EBIT forecast and reaffirmed mid-term growth targets

Outlook

MLP confirms 2026 EBIT forecast of EUR 100 to 110 mln

Company targets 2028 EBIT of EUR 140 to 155 mln and revenue of EUR 1.3 to 1.4 bln

MLP expects assets under management of EUR 75 to 81 bln and non-life premium volume of EUR 1.0 to 1.1 bln by 2028

Result Drivers

PROPERTY & CASUALTY GROWTH - Strongest revenue growth came from Property & Casualty segment, up 12% to EUR 114 mln, reflecting seasonal business strength

COST DISCIPLINE - Record EBIT supported by positive revenue development and consistently disciplined cost management

DIVERSIFICATION & RESILIENCE - Broad, strategically integrated positioning helped offset adverse external factors and market volatility

Company press release: ID:nEQ4tKyk4a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
EUR 0.27
Q1 Net Income
EUR 29.8 mln
Q1 EBIT
EUR 41.3 mln
Q1 Pretax Profit
EUR 41.3 mln


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 27.9% above its May 12 closing price of €7.82

The stock recently traded at 11 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.)