OVB Holding AG’s proposal for the appropriation of net profit for the 2020 financial year provides for an anniversary bonus of €0.25 in addition to the stable dividend of €0.75
As part of the discussion regarding the financial statements during the Supervisory Board meeting on 17 March 2021, the Executive Board and the Supervisory Board decided, given the still positive outlook for the 2021 financial year that will seamlessly continue the good performance of 2020, to pay special attention to OVB’s 50th anniversary and to propose to the Annual General Meeting the distribution of an anniversary bonus of €0.25 for the 2020 financial year in addition to the dividend per share of €0.75.
OVB Holding AG expects to surpass its previous full-year forecast for 2020
After overall positive business performance for the year as a whole, OVB Holding AG anticipates on the basis of preliminary figures for the 2020 financial year to record operating income (EBIT) of €14.9 million (2019 financial year: €14.1 million), plus €270.6 million in brokerage income (2019 financial year: €257.8 million).
OVB Holding AG releases preliminary figures as at 30 September 2020 and provides detailed guidance for 2020 as a whole
Despite a deeply uncertain macroeconomic environment, preliminary business figures as at 30 September 2020 show that OVB Holding AG boosted brokerage income by 3.3% year on year in the first three quarters of 2020. Operating income (EBIT) for the first nine months of the 2020 financial year came to €11.1 million (EBIT as at 30 September 2019: €8.6 million).
Harald Steirer completes the Supervisory Board of OVB Holding AG
Harald Steirer is the new member of the OVB Holding AG Supervisory Board. The Local Court of Cologne appointed him as the new Supervisory Board member in place of Winfried Spies, who died on 21 August 2019.
This website uses cookies. Some of these cookies are technically necessary to ensure certain functions of the website. In addition, we use cookies only with your consent. The statistics cookies are used to gain information about user behavior on this website and to continuously improve the website based on this information. The marketing cookies are used by and to display personalized advertising. For this purpose, the data is transmitted to third-party providers that track you as a visitor across websites. By agreeing to the statistics and marketing cookies, you also agree to your data being transferred to the USA, although there is no adequate level of data protection in the USA and authorities can gain access to your data without you having adequate legal protection against this. You can find further setting options and information under "Show details". You can adjust these settings at any time via the link in our privacy policy.