Press archive

OVB confirms guidance in challenging environment

• Significant 5.5% upturn in brokerage income in the first nine months of 2022 to €247.2 million
• Client base expanded by further 4.1%
• Number of financial advisors rises by 3.3% to 5,648
• EBIT of €15.4 million, still down 5.9% on the strong previous year level

OVB Holding AG still on track for growth

• Number of clients and financial advisors continues to increase
• Brokerage income up significantly by 6.6% at €169.7 million
• EBIT of €11.2 million down on previous year’s strong level
  (H1 2021: €12.4 million)

Heinrich Fritzlar becomes new Chief Operating Officer (COO) of OVB Holding AG

• Appointed to the Executive Board with effect from 1 October 2022
• The 49-year-old will be responsible for the areas of Group IT, IT security, process management and HR

OVB Holding AG: Annual General Meeting approves dividend of €0.90 per share

• Shareholders agree significant 20% increase compared to the ordinary dividend for the previous year
• Positive summary of the end of the current “OVB Evolution 2022” strategy period

Q1 2022: OVB continues on a path of growth

• Significant upturn in brokerage income
• EBIT rises to €6.0 million
• Growth among financial advisors and clients

OVB Holding AG extends the contracts of CEO Mario Freis and CFO Frank Burow early

The Supervisory Board resolved today to grant an early extension of the contracts for CEO Mario Freis and CFO Frank Burow, which ran until 31 December 2022.

Thomas Hücker will resign from the Executive Board of OVB Holding AG at his own request due to personal reasons

COO Thomas Hücker, who has been on the Executive Board since 2014, asked the Supervisory Board to terminate his contract, which would have run until the end of December 2023, early as of 31 May 2022.

OVB achieves strong sales and earnings growth in 2021

• Brokerage income climbs 18.5% to new record of €320.7 million
• EBIT improves by 46.2% to €21.8 million
• Considerable growth in clients and financial advisors

OVB proposes dividend of €0.90 per share for 2021 financial year

• Proposed dividend represents an increase of 20% compared to the ordinary dividend for the previous year