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Maui Land & Pineapple pany(MLP) - 2025 Q2 - Earnings Call Presentation
2025-08-14 12:00
Financial Performance H1 2025 - MLP Group achieved a record high in total revenue of €529 million, driven by growth in all competence fields[3,6] - Assets under management reached a record high of €63.9 billion[3,12] - Non-life insurance premium volume also hit a record high of €785 million[3,12] - Recurring revenue accounted for 68% of the sales revenue in 2024[7] - EBIT for H1 2025 was €42.7 million, a decrease of 12% compared to €48.7 million in H1 2024[17] Strategic Developments - The company is developing an AI service agent to increase client benefit and improve process efficiency[19,20,21] - MLP Group is expanding its corporate client business through the :pxtra digital platform, already serving over 200 corporate clients and 10,000 users[23,24] - A new digital platform, RVM SmartProtect, is being launched to tap into the SME market[25,26] Forecast and Planning - The forecast for 2025 is confirmed, with an expected EBIT of €100 to €110 million[3,31] - The planning for 2028 is reaffirmed, projecting significant growth to an EBIT of €140 to €150 million[3,36] - The company aims to increase assets under management to €75 to €81 billion and non-life insurance premium volume to €1 to €1.1 billion by 2028[37]