The Executive Board of MLP pursues a policy of active value management. Corporate activity is geared towards the sustainable increase in the value of the company through profitable growth.
We seek to achieve this objective through the following three core components of our strategy:
- Organic growth within our core business areas of old-age provision, health insurance and wealth management. In this respect, the quality and numerical strength of our consultants are decisive growth drivers. Thanks to our Corporate University we are able to assure the quality of our sales operations. Furthermore, we aim to continually increase the number of consultants. We also continue to see considerable potential with respect to our client base in our three core areas, particularly in wealth management where there are still many opportunities for growth.
- Cost reduction programme our goal for 2010 is to reduce the fixed costs by a further €10 million.
- External growth our financial strength enables us to continue to play an active role in the market consolidation.
It is our stated objective to enable our shareholders, clients and employees to share in the long-term value appreciation of MLP. For further details please read the section on Strategy.
