MLP

MLP raises its EBIT forecast for the current year to 110 to 120 million euros, 10 million more at both the lower and upper end of the range. Drivers are significantly higher performance‑based fees, interest rate hikes by the EZB and positive effects from assets under management. For the third quarter MLP expects an operating profit well above last year’s €18.3 million; the revenue effect of performance‑based fees most recently amounted to around €21 million (previous year €2.8 million). The stock rose intraday by up to 5% and, with roughly a 4% gain, was among the strongest performers in the SDAX. » Plus sur finanzen.net

Rising volatility, higher bond yields and geopolitical risks are driving investors into stability-oriented financial stocks. MLP SE is named as a favorite; the company relies on a niche strategy offering holistic financial advice for academics. The ongoing consolidation in the stock market, the author argues, creates an entry opportunity for a scenario of trend continuation. » Plus sur finanzen.net

MLP pursues a niche strategy offering holistic financial advice to academics and affluent private clients. The half-year report shows rising demand; drivers include particularly the property and casualty insurance business and asset management. Recurring fee income and conservative medium-term targets create stability and offer potential for positive surprises. » Plus sur finanzen.net