OVB enjoys successful first half of 2016
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- Sales growth of 4.4%
- Operating income up 32.8%
- Annual forecast raised
About 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 cus-tomer-oriented allfinanz 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 protec-tion and increasing assets. OVB currently operates in a total of 14 countries. Over 5,100 full-time financial advisors currently advise approximately 3.26 million clients. In 2015, OVB Holding AG and its subsidiaries generated total sales commission of €224.7 million and EBIT of €14.0 million. OVB Holding AG has been listed on the Frankfurt Stock Exchange (Prime Standard, ISIN DE0006286560) since July 2006.
Key figures of the OVB Group H1 2016
Unit | 1 Jan. – 30 June 2015 | 1 Jan. – 30 June 2016 | Change | |
---|---|---|---|---|
Clients (30 June) | Number | 3.27 million | 3.26 million | -0.3 % |
Financial advisors (30 June) | Number | 5,308 | 5,107 | -3.8 % |
Total sales commission | € million | 110.9 | 115.8 | +4.4 % |
Unit | 1 Jan. – 30 June 2015 | 1 Jan. – 30 June 2016 | Change | |
---|---|---|---|---|
EBIT | € million | 6.1 | 8.0 | +32.8 % |
EBIT margin* | % | 5.5 | 6.9 | +1.4 %-pts. |
Consolidatet net income | € million | 4.2 | 6.1 | +46.6 % |
Earnings per share (basic) | € | 0.29 | 0.43 | +46.6 % |
Key figures by region H1 2016
Unit | 1 Jan. – 30 June 2015 | 1 Jan. – 30 June 2016 | Change | |
---|---|---|---|---|
Central and Eastern Europe | ||||
Clients (30 June) | Number | 2.24 million | 2.20 million | -1.8 % |
Financial advisors (30 June) | Number | 3,333 | 3,044 | -8,7 % |
Total sales commission | € million | 55.1 | 54.8 | -0.6 % |
EBIT | € million | 4.6 | 4.7 | +2.0 % |
EBIT margin* | % | 8.4 | 8.6 | +0.2 %-pts. |
Germany | ||||
Clients (30 June) | Number | 645,754 | 636,894 | -1,4 % |
Financial advisors (30 June) | Number | 1,348 | 1,347 | -0.1 % |
Total sales commission | € million | 30.1 | 30.7 | +1.8 % |
EBIT | € million | 2.6 | 2.9 | +11.3 % |
EBIT margin* | % | 8.8 | 9.6 | +0.8 %-pts. |
Southern and Western Europe | ||||
Clients (30 June) | Number | 381,067 | 419,593 | +10.1 % |
Financial advisors (30 June) | Number | 627 | 716 | +14,2 % |
Total sales commission | € million | 25.7 | 30.4 | +18.3 % |
EBIT | € million | 2.9 | 4.3 | +47.9 % |
EBIT margin* | % | 11.4 | 14.3 | +2.9 %-pts. |