24.02.2016
MLP AG DE0006569908
DGAP-Adhoc: MLP AG: MLP intensifies measures aimed at sustainably increasing earnings
MLP AG / Key word(s): Forecast
24.02.2016 17:41
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
MLP intensifies measures aimed at sustainably increasing earnings
In order to increase the level of earnings against a background of ongoing
difficult framework conditions in old-age provision, MLP will further
streamline its cost management. To this end, the Executive Board and
Supervisory Board have agreed a package of measures today. The objective of
the measures is to sustainably reduce costs in the financial year 2017 and
the following years and to achieve a positive effect on EBIT of around EUR
15 million compared to the financial year 2015. This will incur one-off
expenses of approximately EUR 15 million in the financial year 2016.
In the financial year 2015, MLP recorded earnings before interest and tax
adjusted for acquisitions (pro forma EBIT) of EUR 32.5 million (2014: EUR
39.0 million, 2013: EUR 30.7 million).
24.02.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: MLP AG
Alte Heerstraße 40
69168 Wiesloch
Germany
Phone: +49 (0)6222-308-8320
Fax: +49 (0)6222-308-1131
E-mail: [email protected]
Internet: www.mlp-ag.de
ISIN: DE0006569908
WKN: 656990
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart;
Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,
Hanover, Munich; Terminbörse EUREX
End of Announcement DGAP News-Service
---------------------------------------------------------------------------
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
MLP AG ISIN: DE0006569908 können Sie bei EQS abrufen
Finanzdienstleistungen , 656990 , MLP , XETR:MLP