Group interim report for the first nine months of 2017: A growing number of clients in Europe trust OVB
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- Customer base grows to 3.33 million
- Forecast for the entire year confirmed
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, for subsistence and pensions, asset building, asset protection and increasing assets. OVB currently operates in 14 European countries. 4,774 full-time financial consultants currently advise 3.33 million clients. OVB Holding AG and its subsidiaries generated total sales commission of €231.8 million and EBIT of €16.5 million in 2016. OVB Holding AG has been listed on the Frankfurt Stock Exchange (Prime Standard, ISIN DE0006286560) since July 2006.
Key figures of the OVB Group for the first three quarters of 2017
Key operating figures | Unit | 01/01 – 30/09/2016 | 01/01 – 30/09/2017 | Change |
---|---|---|---|---|
Clients (30/09) | Number | 3.26 million | 3.33 million | + 1.9 % |
Financial advisors (30/09) | Number | 5,089 | 4,774 | - 6.2 % |
Total sales commission | Euro million | 171.1 | 166.3 | - 2.8 % |
Key financial figures | Unit | 01/01 – 30/09/2016 | 01/01 – 30/09/2017 | Change |
---|---|---|---|---|
Earnings before interest and taxes (EBIT) | Euro million | 12.4 | 10.5 | - 15.2 % |
EBIT margin* | % | 7.3 | 6.3 | - 1.0 %-pts. |
Consolidated net income | Euro million | 9.7 | 7.8 | - 19.7 % |
Earnings per share (undiluted) | Euro | 0.68 | 0.54 | - 19.7 % |
Key figures by region for the first three quarters of 2017
Unit | 01/01 – 30/09/2016 | 01/01 – 30/09/2017 | Change | |
---|---|---|---|---|
Central and Eastern Europe | ||||
Clients (30/09) | Number | 2.20 million | 2.26 million | + 2.4 % |
Financial advisors (30/09) | Number | 3,028 | 2,755 | - 9.0 % |
Total sales commission | Euro million | 81.0 | 80.7 | - 0.4 % |
Earnings before interest and taxes (EBIT) | Euro million | 6.7 | 6.4 | - 3.9 % |
EBIT margin* | % | 8.2 | 7.9 | - 0.3 %-pts. |
Germany | ||||
Clients (30/09) | Number | 635,471 | 623,171 | - 1.9 % |
Financial advisors (30/09) | Number | 1,357 | 1,345 | - 0.9 % |
Total sales commission | Euro million | 46.3 | 42.9 | - 7.3 % |
Earnings before interest and taxes (EBIT) | Euro million | 4.9 | 4.4 | - 9.1 % |
EBIT margin* | % | 10.5 | 10.3 | - 0.2 %-pts. |
Southern and Western Europe | ||||
Clients (30/09) | Number | 426,649 | 447,652 | + 4.9 % |
Financial advisors (30/09) | Number | 704 | 674 | - 4.3 % |
Total sales commission | Euro million | 43.9 | 42.8 | - 2.5 % |
Earnings before interest and taxes (EBIT) | Euro million | 6.2 | 5.4 | - 12.9 % |
EBIT margin* | % | 14.2 | 12.7 | - 1.5 %-pts. |