MLP SE

MLP SE reported record total revenue of EUR583 million, up 10%, and record EBIT of EUR64 million for the first half of 2026. Assets under management reached a new high of EUR68.8 billion, and non-life insurance premium volume hit a record EUR865 million. The company confirmed its full-year 2026 EBIT forecast of EUR100 million to EUR110 million and reaffirmed its 2028 midterm target of EUR140 million to EUR155 million in EBIT on revenue of EUR1.3 billion to EUR1.4 billion. CFO Reinhard Loose reported net outflows of EUR0.4 billion in H1, mainly due to a single FERI consulting mandate outflow of over EUR1 billion as the customer needed to convert liquidity to cash. The company also noted that its new praxeasy offering for medical professionals is expected to be unprofitable for the first two to three years.