- Q4: EBIT increases by 74 percent to EUR 30.5 million
(Previous year: EUR 17.5 million) - Total revenues in Q4 amount to EUR 186.8 million, almost equal to the level of the previous year
- Full year: Cost reduction objectives significantly exceeded – Group net profit totals EUR 24.2 million, similar to the level of the previous year (2008: EUR 24.6 million)
- Assets under management climb to EUR 12.8 billion – a new record high
- Outlook: Increase in EBIT margin to 15 percent by the end of 2012 (2009: 7.9 percent)
Wiesloch/Frankfurt, 24th February 2010 - MLP, the independent financial services and wealth management consulting company, achieved a significant improvement in performance at the end of the financial year. In the fourth quarter, earnings before interest and taxes (EBIT) rose by 74 percent to EUR 30.5 million (Q4 2008: EUR 17.5 million).
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