MLP Press


Press-archive 2006

MLP ends share buyback programme

  • MLP buys back a total of 8.9 million shares
  • Decision regarding continuation will be made after the conclusion of the 2006 financial year

Wiesloch, 22nd December 2006 - MLP AG ended its share buyback programme on 20th December 2006 as planned...

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Wulf Böttger appointed as new member of the MLP executive board responsible for sales

  • Many years of sales and marketing experience
  • Supervisory board chairman Manfred Lautenschläger comments: "This appointment will clearly strengthen the MLP sales segment"

Wiesloch 23th November 2006 – The supervisory boards of MLP AG and MLP Finanzdienstleistungen AG have appointed Dr. Wulf Böttger with effect from January 1, 2007 as member of the executive boards of both companies responsible for sales.

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Renewed revenue and profit growth at MLP

  • Pre-tax profit (EBT) climbs by 39 per cent to EUR 46.0 million after 9 months
  • Total income increases by 8 per cent to EUR 375.4 million
  • Significant growth in the private health insurance, loans and mortgages and inflows into funds business

Wiesloch 8th November 2006 – MLP AG significantly grew its operating business in the first nine months of 2006, posting a pre-tax profit (EBT) of EUR 46.0 million (plus 39 per cent). Net profit of continuing business operations rose by 75 per cent to EUR 31.6 million (EUR 18.1 million).

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MLP takes over majority holding in Feri Finance AG

  • Clearance by the federal cartel authority
  • Transaction completes today

Wiesloch 20th October 2006 – Following clearance by the federal cartel authority, MLP AG today took over a 56.6 per cent stake in Feri Finance AG, Germany’s leading independent wealth management company.

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MLP acquires majority stake in Feri Finance AG

  • 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
  • Chief Executive Officer Uwe Schroeder-Wildberg: "The cooperation between MLP and Feri generates an entirely new dimension of integrated financial and provision consulting"

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.

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Clear increase in pre-tax profits for the first six months of the year at MLP

  • Pre-tax profit (EBT) climb by 84 per cent to EUR 28.4 million
  • Net profit more than doubled to EUR 20.5 million
  • Q2: Restrained trend in the old-age pension provisions area
  • Forecast for the year as a whole adjusted to EUR 90 million EBT (an increase of 27 per cent compared to 2005)
  • Personnel change on the MLP AG Executive Board

Wiesloch, 8th August 2006 - The financial services provider MLP has increased its pre-tax profit (EBT) for the first half of 2006 by 84 per cent over last year to EUR 28.4 million (EUR 15.4 million).

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MLP includes its shareholders generously in the company success

  • Dividend payments increase considerably to EUR 0.60 per share
  • The MLP executive board and supervisory board have been discharged by the AGM in Mannheim with more than 99 per cent
  • Executive board authorised to conduct share buyback program and capital increase

Heidelberg, May 31st, 2006 - MLP AG shareholders approved by a large majority all agenda items of votes at today’s ordinary Annual General Meeting (AGM) held at the Rosengarten in Mannheim.

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“With an uncompromising focus on client wishes and objectives”

  • MLP Annual General Meeting at the Rosengarten in Mannheim
  • Shareholders vote in favour of share buyback program and capital increase

Heidelberg, 31st May 2006 - Chief Executive Officer Uwe Schroeder-Wildberg opened the MLP AG AGM today at the Rosengarten in Mannheim.

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MLP and Feri to intensify cooperation

  • 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
  • MLP Chief Executive Officer Uwe Schroeder-Wildberg: “This cooperation represents a major step towards the expansion of our wealth management business.”

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.

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MLP clearly improves revenue and profit in the first quarter 2006

  • Total revenue climb by 20 per cent to EUR 129.8 million
  • Profit before tax (EBT) more than doubles at EUR 14.5 million
  • Net profit increased from EUR 3.3 million to EUR 8.5 million
  • Clear improvement in new client acquisition

Heidelberg, 10th May 2006 - The Heidelberg-based financial services company MLP has successfully closed the first quarter of 2006 and reports clear improvements for all major indicators. The company’s total revenue rose by 20 per cent over the same period last year to EUR 129.8 million (Q1/2005: EUR 108.5 million).

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MLP Finanzdienstleistungen AG awarded investment and acquisition agency licence

  • Important requirement for offering individual wealth management
  • Chief Executive Officer Uwe Schroeder-Wildberg comments: “This is a major step in expanding our wealth management concept systematically”
  • MLP confirms business results for 2005
  • Positive business development in Q1 2006

Heidelberg, 28th March 2006 - The German Federal Financial Supervisory Authority (BaFin) has awarded the sales subsidiary of the MLP Group, MLP Finanzdienstleistungen AG, the licence to act as an investment and acquisition agent in line with § 32 of the German Banking Act (KWG).

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MLP proposes much higher dividend payments for business year 2005

  • Dividend payments of 60 cents per share proposed for the 2005 business year (previous year 22 cents)
  • Thereof special dividend payments of 30 cents per share for the successful sale of the insurance subsidiaries
  • MLP CEO Schroeder-Wildberg: “Our corporate policy is to award high returns to our shareholders”

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).

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Germans view the future of the health care system with scepticism

  • The majority of Germans demand a comprehensive reform of the health care system
  • Only 23 per cent believe that politicians can ensure good health care in the long-term
  • Private health insurance is viewed much more positively – even by those insured under the state system
  • "Politicians should now tackle extensive reforms and shape the health system for future requirements", says Uwe Schroeder-Wildberg, Chief Executive Officer of MLP

Heidelberg, 10th march 2006 - 55 per cent of German citizens say that the German health system is in need of extensive reform. However, only 23 per cent believe that politicians will be able to ensure good health cover for everyone in the long-term.

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MLP concludes the year 2005 with major profit growth

  • Group profit before tax and disposal result (EBT) climbs by 38 per cent to EUR 119.9 million for 2005
  • Additional post-tax profit contribution resulting from the sale of the insurance subsidiaries totals EUR 125.4 million
  • Total revenues fall by 9 per cent to EUR 566.2 million excluding former insurance subsidiaries
  • EBIT margin in Germany: 17 per cent
  • EBT forecast for 2006: EUR 120 million (compared with: EUR 68.7 million in 2005)

Heidelberg, 15th February 2006 – MLP, the financial services company based in Heidelberg, Germany, has successfully mastered the extensive upheaval in the private old-age provisions and closed the year 2005 posting a significant profit increase.

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MLP strengthens British management team

  • John Baxter appointed as Managing Director of MLP Private Finance Plc
  • MLP AG Chief Executive Officer, Uwe Schroeder-Wildberg, comments: "John Baxter has a long experience in wealth management and consulting services for discerning clients in Great Britain.

Heidelberg, January 31st 2006 – The financial services company MLP, based in Heidelberg, Germany is set to strengthen the management team at its subsidiary in Great Britain.

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MLP launches 29 million shares on the stock exchange

  • Shares originate from an increase of noncash capital in 2002
  • Stock market listed capital climbs to 108.6 million shares
  • Shares have been entitled to dividend since 2002

Heidelberg, January 25th 2006 – The German Federal Financial Supervisory Authority (BaFin) has approved the prospectus to launch 29 million MLP shares on the stock exchange.

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