Q2 2024 MLP SE Earnings Call Transcript

Aug 14, 2024 / 12:00PM GMT
Pascal Locher - MLP SE - Head of IR

Thanks you very much and welcome to MLP's conference call to our results for the first half year. It brought us 2024 with me today, our CFO, Reinhard Loose. We will take you through the presentation. And of course, we are happy to take your questions after the presentation. So please go ahead, Reinhard.

Reinhard Loose - MLP SE - Chief Financial Officer, Member of the Executive Board

Thank you, Pascal, and good afternoon, ladies and gentlemen. First, of all, allow me to present the most important factor. Regarding the first six months of the financial year 2024, the MLP Group set a new record for both total revenue and earnings before interest and taxes EBIT in the first half of the year, we were particularly successful in the wealth competence field, especially in terms of the interest rate business and wealth management, and this includes our asset under management, have now passed the EUR60 billion mark.

Against this background, we have confirmed our EBIT forecast for 2024 of EUR75 million to EUR85 million and also

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