MLP SE: 2023 EBIT Falls Short of Forecast Due to Goodwill Impairment in Deutschland.Immobilien

• MLP SE's provisional, unaudited EBIT for 2023 is below the forecast corridor due to a goodwill impairment in the Deutschland.Immobilien segment.
• The goodwill impairment is around EUR 4 million, caused by pressures in the real estate market affecting both the project and broker business.
• Without the goodwill impairment, the EBIT would likely be within the forecast corridor of EUR 75 to 85 million, as all other operating segments of the MLP Group recorded solid performance.
• Despite the lower EBIT, MLP SE plans to maintain a consistent dividend payment, with a planned distribution at the same level as the previous year for 2023, namely 30 cents per share.
• MLP SE aims to record an EBIT of the MLP Group of EUR 100 to 110 million by the end of 2025.
• The preliminary figures for the year are still planned to be published at the annual press and analyst conference on March 7, 2024.

The next important date, Publication of the business results for the fiscal year 2023 / Analyst and annual press conference, at MLP is on 07.03.2024.

The price of MLP at the time of the news was 5,3400EUR and was up +0,19 % compared with the previous day.
25 minutes after the article was published, the price was 5,4400EUR this corresponds to a plus of +1,87 % since publication.

MLP

+1,50 %

+1,86 %

+2,04 %

+8,16 %

+6,17 %

-18,80 %

+35,01 %

+19,98 %

+576.400,00 %

ISIN:DE0006569908WKN:656990

• Intraday
• 5 Tage
• 1 Monat
• 3M
• 1 Jahr
• 3J
• 5J
• 10J
• Max