MLP AG Thursday reported earnings before taxes of 71.15 million euros for the first 9 months in 2024, significantly higher than 43.39 million euros in the same period a year ago, primarily helped by growth in sales.
Net profit rose to 48.36 million euros or 0.44 euros per share from 32.48 million euros or 0.30 euros per share last year.
Earnings before interest and taxes or EBIT grew to 66.44 million euros from 45.19 million euros a year ago.
Total revenue increased to 763.31 million euros from 684.63 million euros in the previous year, with sales revenue growth of 746.25 million euros from 665.03 million euros.
Looking ahead, the company now expects full-year sales revenue to increase significantly, compared with slight increase expected earlier.
Additionally, MLP has confirmed its EBIT outlook for 2024 of 85 million euros to 95 million euros.
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