Q3 2025 MLP SE Earnings Call Transcript

Nov 13, 2025 / 01:00PM GMT

Key Points

Positve
  • MLP SE (XTER:MLP) achieved new highs in total revenue for the first nine months of 2025, despite a challenging macroeconomic environment.
  • The company reported a record high in assets under management, reaching €64.2 billion, making it the second largest bank-independent asset manager in Germany.
  • MLP SE's property and casualty competence field saw a significant growth of 7% compared to the previous year.
  • The company has increased its mid-term EBIT planning for 2028 to between €140 and €155 million, indicating confidence in future growth.
  • MLP SE is investing heavily in artificial intelligence to enhance consulting services and improve efficiency, which is expected to drive future growth.
Negative
  • Earnings before interest and taxes (EBIT) for the first nine months of 2025 were €61.1 million, below the previous year's record high of €66.4 million.
  • The company has adjusted its EBIT forecast for the current year due to lower expectations in performance-based compensation and weaker old age provision business.
  • MLP SE's wealth competence field recorded a slight decline in revenue of 2%, primarily due to significantly lower performance-based compensation.
  • The real estate development business is being scaled back to reduce risk, which may impact future revenue from this segment.
  • The company faces challenges from a persistently difficult macroeconomic environment, including rising unemployment and economic downturns.
Operator

(Operator Instructions)

This conference will be recorded. Good afternoon, ladies and gentlemen, and welcome to the MLP SE conference call regarding the publication of the results for the 3rd quarter 2025 and the first nine months 2025.

At this time, all participants have been placed on a listen-only mode. The floor will be open for questions following the presentation.

Let me now turn the floor over to your host Pascal Lucia.

Good afternoon, ladies and gentlemen, and welcome to the MLPSE conference call regarding the publication of the results for the 3rd quarter 2025 and the first nine months 2025.

At this time, all participants have been placed on a listen-only mode. The floor will be open for questions following the presentation.

Let me now turn the floor over to your host Pascal Lucia.

Pascal LÃ;cher
MLP SE - Head of Investor Relations

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Thank you very much and welcome to MLP's conference call to our results for the 3rd quarter in the 1st 9 months of 2025. With me today is our CFO

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