MLP (MLP) Q1 2026 earnings summary

Executive summary

• Achieved record total revenue of €350 million (up 5% year-over-year) and EBIT of €41.3 million (up 9.3%), continuing the midterm growth trajectory despite external uncertainties from geopolitical conflicts and market volatility.

• Net profit rose 8% to €29.8 million, with EPS up to €0.27.

• Broad, integrated business model leveraging personal consulting and targeted AI use contributed to resilience and competitive advantage.

• Maintained strong performance and business model stability despite a volatile macroeconomic environment.

Financial highlights

• Total revenue increased by 5% year-over-year to approximately €350 million, with recurring revenue at 72% as of end 2025.

• EBIT reached €41.3 million, a new all-time high, supported by disciplined cost management.

• Equity rose to €615 million, with a balance sheet total of €4,351 million.

• Non-life insurance premium volume hit a record €859 million, up 6% year-over-year.

• Assets under management remained stable at €65.2 billion.

Outlook and guidance

• Full-year 2026 EBIT forecast confirmed at €100–110 million, with midterm target of €140–155 million EBIT and €1.3–1.4 billion revenue by 2028.

• Revenue growth expected across all competence fields; performance-based compensation forecasted conservatively.

• Focus on expanding non-life insurance premium volume to €1.0–1.1 billion and assets under management to €75–81 billion by 2028.

• Positive impact anticipated from Altersvorsorgedepot approval, especially from 2027.