9M: Total revenue increased to EUR 525.4 million - EBIT 41 percent above previous year

• Positive trend continues - Diversification strategy is paying off especially in times of Covid-19
• 9M: Total revenue increases by 8 percent to EUR 525.4 (9M 2019: EUR 487.3 million)
• Successful development recorded above all in real estate brokerage (up 82 percent), wealth management (up 16 percent) and non-life insurance (up 7 percent)
• Earnings before interest and taxes (EBIT) increased significantly to EUR 26.8 million (9M 2019: EUR 19.0 million)
• Number of consultants increased further to 2,052, representing a rise of 121 compared to the previous year's figure
• Forecast for 2020: MLP is continuing to anticipate EBIT at the upper end of the communicated corridor of EUR 34 million to EUR 42 million

Wiesloch, November 12, 2020 - The MLP Group has continued the growth trend it has enjoyed over the past quarters and was able to increase total revenue by 8 percent in the first nine months to a new all-time high of EUR 525.4 million. MLP could more than compensate for coronavirus-based declines, above all recorded in the field of old-age provision, with significant increases in real estate brokerage (up 82 percent), wealth management (up 16 percent) and non-life insurance (up 7 percent). At EUR 26.8 million, earnings before interest and taxes (EBIT) were also significantly above the figure from the first nine months of 2019 (EUR 19.0 million). With the gains re-corded in important stock values - brokered non-life insurance premium volume (September 30, 2020: EUR 433.2 million) and assets under management (September 30, 2020: EUR 40.8 billion) - as well as another significant increase in the number of consultants, important factors for the future have also displayed positive development.

Although the figures after nine months are above current planning, MLP remains cautious and has chosen not to adjust its forecast for the financial year upwards due to the high risks associated with the coronavirus pandemic in the closing quarter, which is traditionally so important for the company. MLP continues to anticipate EBIT at the upper end of the communicated corridor of EUR 34 million to EUR 42 million.

'We have been able to deal well with the coronavirus crisis and continued our positive trend also in Q3. This underlines just how stable and robust we have made our business model over the last few years through diversification. At the same time, we were able to further strengthen our long-term revenue basis by increasing our stocks and acquiring new consultants,' comments Chief Executive Officer Dr. Uwe Schroeder-Wildberg. 'Set against the difficult framework conditions, we are expecting very solid earnings for 2020 and, at the same time, are setting the conditions that will also help to take MLP to the next level in terms of earnings by the end of 2022.'