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
Cologne, 17 March 2021 – 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.
Detailed figures for 2020 and an update on the current fiscal year will be announced when the company releases its consolidated financial statements on March 23, 2021.
About the OVB Group
The OVB Group, with its holding company headquartered in Cologne, is one of Europe’s leading financial advisory groups. Since being founded in 1970, OVB’s business activities have focused on long-term, comprehensive and above all customer-oriented financial consulting for private households.
OVB works with more than 100 high-performance providers and uses competitive products to serve its clients’ individual needs, from subsistence and property/asset insurance to pensions and asset building and growth. OVB currently operates in 15 European countries. More than 5,000 full-time financial advisors advise more than 3.90 million clients. In 2020, OVB Holding AG and its subsidiaries generated brokerage income of €270.6 million and EBIT of €14.9 million.
OVB Holding AG has been listed on the Frankfurt Stock Exchange (Prime Standard, ISIN DE0006286560) since July 2006.