OVB in the first half of the year: continued sales growth, lower earnings

• Brokerage income rises 11.1 per cent to EUR 220.7 million
• EBIT impacted by extraordinary items in the Southern and Western Europe segment
• Number of financial advisors and clients increases again

Cologne, 8 August 2025. OVB Holding AG, based in Cologne and one of Europe’s leading financial advisory groups, generated brokerage income of EUR 220.7 million in the first six months of the 2025 financial year, corresponding to a year-on-year increase of 11.1 per cent (previous year: EUR 198.6 million).

Brokerage income in the Central and Eastern Europe segment rose significantly in the reporting period by 14.6 per cent to EUR 127.0 million (previous year: EUR 110.9 million). In the Germany segment, OVB was able to keep its brokerage income almost constant at EUR 29.8 million (previous year: EUR 30.0 million). The Southern and Western Europe segment recorded a 10.6 percent increase in brokerage income to EUR 64.0 million (previous year: EUR 57.8 million). 

OVB increased the number of clients it advises across Europe by 4.6 per cent to 4.81 million during the reporting period. Compared to the previous year’s reporting date, the total number of financial advisors working for OVB increased by 6.7 per cent from 6,005 to 6,407.

Against the backdrop of higher expenses, impacted by extraordinary items, primarily in the Southern and Western Europe segment, the OVB Group’s operating income declined by 58.8 per cent to EUR 3.8 million in the reporting period. While EBIT in the Central and Eastern Europe segment rose by 6.4 per cent to EUR 11.2 million, operating income in the Southern and Western Europe segment fell from EUR 2.6 million to EUR -2.6 million. EBIT in the Germany segment rose by 7.0 per cent to EUR 2.0 million. 

After non-controlling interests, OVB generated consolidated net income of EUR 2.9 million, representing a decline of 68.1 per cent compared with the previous year’s figure of EUR 9.3 million. 

Outlook for 2025

OVB Holding AG expects its operating income (EBIT) for the 2025 financial year to face a significant impact in connection with the insolvency of a product partner with wich OVB had business ties in four countries of the Southern and Western Europe segment. 

Based on the information currently available and despite growth in brokerage income in all operating segments, OVB currently anticipates EBIT of between EUR 10 and EUR 15 million (previous forecast: between EUR 20 and EUR 23 million). It is not yet possible to conclusively predict the exact amount of the impacts or the financial risks for the company. Group brokerage income is likely to range between EUR 430 and EUR 450 million (previous forecast: EUR 420 and EUR 440 million).

About the OVB Group

The OVB Group, with its holding company headquartered in Cologne, is one of Europe’s leading financial advisory groups. Since it was 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 Holding AG and its German subsidiary OVB Vermögensberatung AG expressly endorse the Charter of Diversity, the largest employer initiative on the topic of diversity in German companies.

OVB currently operates in 16 European countries. 6,407 full-time financial advisors currently advise 4.81 million clients. OVB Holding AG and its subsidiaries generated brokerage income of EUR 408.6 million and EBIT of EUR 20.3 million in 2024. 

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 2025

Key figures by region H1 2025

^{Percentages and figures may be subject to rounding differences. Percentages are calculated on the basis of thousands of euros.}