Mediolanum Corporate Site:  Italiano   English




09/05/2013
1.32 p.m

Q1 2013 Results

Net income: 137 million euro
Assets under administration: 53.6 million euro
Banca Mediolanum net inflows: 717 million euro

Preview on Banca Mediolanum’s Net Inflows into Mutual Funds:
Mutual funds net inflows - april 2013: 538 million euro
YTD: 1,538 million euro

Other decisions/resolutions of the board of directors:
Stock Option resolutions
Updated procedures for transactions with related parties
Members added to the nomination and compensation committee
Independence requirements for new directors



The Board of Directors of Mediolanum S.p.A. met today in Basiglio (MI) and approved the Consolidated Interim Financial Statements as at March 31, 2013.

The CONSOLIDATED GROUP RESULTS in the first quarter of the year show once again a steady increase in management fees, the most important of recurring revenues; higher than average performance fees gave a positive contribution too. Among treasury activities, it is worth noting the realising of capital gains on the AFS portfolio, which more than compensates for lower average yield on assets due to the drop in interest rates and also for investments made to finance business growth, which took the form of higher interest rates offered to customers and sales network incentives.


As proof of the aforementioned:

In greater detail, with reference to Banca Mediolanum:

Highlights in particular with respect to Banca Esperia:

With reference to the Mercati esteri:

----------------

The usual press release outlining the monthly net inflows of Banca Mediolanum will be published tomorrow, Friday, May 10th. As a preview, please note that an all-time record was reached for net inflows into mutual funds for the month of April 2013, hitting 538 million euro (1,538 million euro year-to-date).

----------------

Today, the Board of Directors also:

----------------

In an effort to provide more complete disclosure about the economic results as at March 31, 2013, we have attached a report detailing economic data reclassified by business division to reflect the criteria used by the Mediolanum Group.
The Officer responsible for preparing Mediolanum S.p.A accounting documents, Luigi Del Fabbro, declares that, in compliance with the requirements of the second paragraph of section 154 bis of the Consolidated Finance Act, the financial information contained herein reflects the accounting entries, records and books.
A presentation in English of the information contained herein will be available on the Borsa Italiana website and on www.mediolanum.com in the section Investor Relations > Financial Data > Presentations.The Interim Financial Statements as at March 31, 2013 will be made available by the deadlines set by law at the company’s Registered Office in Basiglio - Milano 3, Palazzo Meucci - Via F. Sforza, on the website o http://www.mediolanum.com and on the Borsa Italiana S.p.A website.



Attachments:


Basiglio - Milano 3 City, May 9, 2013



Contacts:
Media Relations
Rosamaria Salatino
Tel +39 02 9049 2027
Fax +39 02 9049 2345
e-mail: gmmedia@mediolanum.it

Investor Relations
Alessandra Lanzone
Tel +39 02 9049 2039
e-mail: investor.relations@mediolanum.it