MLP Executive Board proposes dividend of 28 cents per share
Distribution ratio rises significantly to nearly 100 percent
Earnings burdened by one-off effects – total revenues in 2008 only slightly below the figure of the previous year
Wiesloch, 16 February 2009 - The Executive Board of the independent financial services and wealth management consulting company MLP is proposing a significant increase in its distribution ratio.
MLP further increases revenues – outlook adjusted to reflect difficult market conditions
Financial market crisis burdens EBIT in Q3
Year-end forecast: Total revenues expected to be at the level of the record year 2007
Wiesloch, 5th November 2008 - Despite the far-reaching effects of the financial market crisis, the core business of MLP, the independent financial services and wealth management consulting company, has remained resilient in the first nine months of the financial year.
Wiesloch, 21st August 2008 - The executive board of MLP, jointly with the supervisory board, has today decided to issue 9,799,152 new ordinary shares out of its authorized capital in exchange for cash amounting to EUR 123,763,290.
MLP Executive Board proposes dividend increase by one quarter
Dividend payment climbs from 40 to 50 Cents per share
Tax-free dividend payment
Wiesloch, 17th March 2008 - Following a successful financial year, the Executive Board at MLP AG is proposing a dividend increase by 25 percent to 50 Cents per share (previous year: 40 Cents).
Muhyddin Suleiman appointed as new member of the MLP Executive Board
Wiesloch,4th September 2007 - Muhyddin Suleiman has been appointed to the MLP AG Executive Board with immediate effect and will take over responsibility for sales and marketing.
MLP ceases business activities in Great Britain and Spain
Wiesloch,10th July 2007 - MLP is withdrawing from the non-profitable markets in Great Britain and Spain and will, in the future, be focussing on the profitable foreign activities in Austria and the Netherlands as well as upon its core market, Germany.
Wiesloch,20th June 2007 - Nils Frowein, Chief Financial Officer at MLP AG, has resigned in friendly agreement from the MLP AG Executive Board with effect from 30th June 2007 in order to take on new professional challenges.
Wulf Böttger appointed as new member of the MLP executive board responsible for sales
Wiesloch, 23th November 2006 - The supervisory boards of MLP AG and MLP Finanzdienstleistungen AG today have appointed Dr. Wulf Böttger with effect from January 1, 2007 as a member of the executive boards of both companies responsible for sales.
MLP acquires an equity stake of approx. 56.6 % and secures option to buy remaining stake
Purchase price for acquired stake approx. 64.4 million EUR
Feri partners remain engaged with the company and express long-term commitment to the Feri-Group
Wiesloch, September 17, 2006 - MLP AG has reached an agreement with the shareholders of Feri Finance AG to acquire an equity stake of approx. 56.6 % in Germany's leading independent wealth management company as part of a move to significantly expand its wealth management business.
Business development within the first six months 2006
First six months: EBT increases by 84 per cent to EUR 28.4 million
Q2: Restrained trend in the old-age pension provisions area
Annual forecast adjusted to EUR 90 million EBT (an increase of 27 per cent compared to 2005)
Personnel change on the MLP AG Executive Board
Wiesloch, 7th August 2006 – Following restrained trends in the old-age pension provisions area during the second quarter of the business year, the financial services company MLP has adjusted its ambitious targets for 2006 and 2007 and now forecasts minimum pre-tax profits (EBT) of EUR 90 million for the current financial year (previous forecast: EUR 120 million).
Closer cooperation across all fields of private and institutional wealth management
MLP clients gain access to the complete know-how of Germany’s leading independent wealth management company
MLP to consider acquisition of an equity stake in Feri
Heidelberg, 29th May 2006 – The Heidelberg-based financial services company MLP and Feri Finance AG, Bad Homburg, Germany’s leading independent wealth management company, have signed an extensive cooperation agreement – a move that strengthens a 12-year old partnership.
MLP proposes much higher dividend payments for business year 2005
Heidelberg, 21st March 2006 - After completing a very successful business year in 2005 and with positive future company development forecasts, the MLP executive and supervisory board will be proposing an increase in dividend payments by 38 cents per share to 60 cents at the Annual General Meeting (previous year 22 cents).
Heidelberg, 22nd November 2005 – The Heidelberg based financial services company MLP announces successful results for the first nine months of the 2005 business year.
Heidelberg, 11th November 2005– Just a few weeks following the completion of the sale of both insurance subsidiaries, the executive board and the supervisory board at MLP AG have reached a decision concerning the application of cash arising from the sale.
Heidelberg, 16th August 2005 – The preliminary pre-tax operating results (EBT) for the MLP Group including MLP Lebensversicherung AG and MLP Versicherung AG total some EUR 32.3 million in Q2 2005, representing more than twice the result posted for the same period last year of EUR 15.8 million.
MLP successfully divests its insurance subsidiaries
Heidelberg, 17th June 2005 – MLP continues to follow its new strategic direction consistently and will be selling MLP Lebensversicherung AG as per 30th June 2005 to the Clerical Medical International Holdings BV, a part of British HBOS Group.
Heidelberg, 18th May 2006 - MLP Group pre-tax profit (EBT) totals EUR 14.9 million in Q1 2005, net profit is posted at EUR 9.3 million. Both figures therefore slightly exceed those of the same period last year of EUR 14.6 million and EUR 8.9 million respectively.
Heidelberg, 23rd November 2004 – In the course of a new strategic orientation of the group the executive board of MLP AG is currently engaged in streamlining corporate structure.
Heidelberg, 18th May 2004 - A pleasing start to the current business year for MLP. The strategic step taken at the end of last year to use the open architecture in order to widen the product range shows first results.
Heidelberg, 8th March 2004 - Today’s meeting of the MLP AG Supervisory Board has dealt with the preliminary results of the last fiscal year. According to this MLP AG has concluded the 2003 business year successfully.
