MLP SE Q4 2024 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Henry Wendisch - NuWays AG - Analyst : Yes. Hi. First of all, congrats on crossing the EUR1 billion mark and godspeed with your new midterm targets. It looks quite well in my view. I have a couple of questions. Of course, the first three are for Reinhard. You might guess that, if you have for me the numbers, net liquidity, capital inflow, performance fees, as always, would be much appreciated. And then I have two questions regarding your segment report. I noticed in DOMCURA that profitability went down a little. From my educated guess, I would guess that there are some upfront development costs for the AI tool that you've implemented. Is that something that has burdened the margin at DOMCURA? And then also, would you then consider that 2025 would return to the old margins we've seen in the segment? And basically, the exactly different or vice versa thing happened at industrial brokerage came at a much higher margin than I expected. You increased your sales by 10%, and actually, OpEx went down by 5%. You did some cost cutting, and it's in the other operating expenses. So what has happened there? And then, is this also a margin level that you feel comfortable with for the next years to come in the industrial broker segment. And yeah, that's been it already from my side. Thanks.

Question: Henry Wendisch - NuWays AG - Analyst : I can also repeat it, if you like.

Question: Henry Wendisch - NuWays AG - Analyst : Yes. Thanks a lot.