OVB with significant revenue growth – earnings impacted by special effects

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[Translate to English:] Titelbild des Neunmonatsberichts 2025. [Translate to English:]
  • Brokerage income rises by 10.3 per cent to €328.7 million
  • EBIT influenced by temporary factors
  • Number of financial advisors and clients increases again

Cologne, 30 October 2025. OVB Holding AG's brokerage income rose by 10.3 per cent to €328.7 million in the first nine months of the 2025 financial year (previous year: €298.1 million).

Brokerage income in the Central and Eastern Europe segment rose significantly in the reporting period by 14.7 per cent to €191.4 million (previous year: €166.8 million). While brokerage income in the Germany segment remained almost at the previous year's level at €44.0 million (previous year: €45.0 million), the Southern and Western Europe segment recorded an 8.1 per cent increase in brokerage income to €93.3 million (previous year: €86.3 million). 

The number of full-time financial advisors increased by 6.2 per cent compared to the previous year's reporting date to 6,525 (previous year: 6,143). OVB increased its number of clients by 4.2 per cent to 4.85 million during the same period.

The OVB Group's operating result decreased by 55.3 per cent to €6.2 million in the reporting period (previous year: €13.9 million). This is primarily due to higher expenses for legal advice and the defence against claims in connection with the dissolution and liquidation of a product partner with whom OVB had business relations in four countries, and associated increased sales support measures. 

While EBIT in the Southern and Western Europe segment declined from €2.8 million to €-4.1 million, the operating result for the Germany segment remained at the previous year's level at €2.3 million. EBIT in the Central and Eastern Europe segment rose by 14.2 per cent to €19.2 million (previous year: €16.8 million).

After deducting minority interests, OVB generated consolidated net income of €5.6 million. This represents a decline of 58.3 per cent compared with the previous year’s figure of €13.3 million. 

Mario Freis, Chief Executive Officer of OVB Holding AG (CEO): “Our EBIT is affected by special effects. Operationally, we continue to perform very positively – with sustained revenue growth, increasing client numbers, and further expansion of our European sales team.”

Outlook for 2025

In view of the significant impact on operating profit relating to the insolvency and liquidation of a former product partner, OVB continues to anticipate operating profit of between €10 million and €15 million based on the information currently available. Income from brokerage within the Group is expected to range between €430 million and €450 million.

About the OVB Group

The OVB Group, with its holding company headquarters in Cologne, is one of Europe’s leading financial advisory groups. Since its foundation in 1970, OVB’s business activities have focused on providing long-term, comprehensive and, above all, customer-oriented financial advice to private households. OVB works with more than 100 high-performance providers and fulfils its clients’ individual needs with competitive products, from basic protection for financial security and property/asset insurance to pensions, asset generation and wealth management. OVB Holding AG and its German subsidiary OVB Vermögensberatung AG are expressly committed to the Diversity Charter, the largest employer initiative on diversity in German companies.

OVB currently operates in 16 European countries. It has 6,525 full-time financial advisors serving 4.85 million clients. OVB Holding AG and its subsidiaries generated brokerage income of €408.6 million and EBIT of €20.3 million in 2024. OVB Holding AG has been listed on the Frankfurt Stock Exchange (Prime Standard, ISIN DE0006286560) since July 2006. 

The results for the first three months of 2025 and the interim report are available to download from the Investor Relations section of www.ovb.eu. This press release is also available online at:
www.ovb.eu/public-relations/pressemitteilungen.html

 


Key operating figures for the first nine months of 2025

Key operating figures
 Unit1 Jan. – 30 Sep. 20241 Jan. – 30 Sep. 2025Change
Clients (30 September)Number4.65 m4.85 m+ 4.2 %
Financial advisors (30 September)Number6,1436,525+ 6.2 %
Brokerage income€ million298.1328.7+ 10.3 %
 
Key financial figures
 Unit1 Jan. – 30 Sep. 20241 Jan. – 30 Sep. 2025Change
Earnings before interest and taxes (EBIT)€ million13.96.2-55.3 %
EBIT margin%4.71.9-2.8 %-pts.
Consolidatet net income after non controlling interests€ million13.35.6-58.3 %
Earnings per share (undiluted)0.930.39-58.3 %
 

Key figures by region for the first nine months of 2025

Central and Eastern Europe
 Unit1 Jan. – 30 Sep. 20241 Jan. – 30 Sep. 2025Change
Clients (30 September)Number3.24 m3.38 m+4.4 %
Financial advisors (30 September)Number3,8644,145+7.3 %
Brokerage income€ million166.8191.4+14.7 %
Earnings before interest and taxes (EBIT)€ million16.819.2+14.2 %
EBIT margin%10.110.0-0.1 %-pts.
Germany
 Unit1 Jan. – 30 Sep. 20241 Jan. – 30 Sep. 2025Change
Clients (30 September)Number598,843594,938-0.7 %
Financial advisors (30 September)Number1,1051,096-0.8 %
Brokerage income€ million45.044.0-2.1 %
Earnings before interest and taxes (EBIT)€ million2.32.3+0.3 %
EBIT margin%5.15.2+0.1 %-pts.
Southern and Western Europe
 Unit1 Jan. – 30 Sep. 20241 Jan. – 30 Sep. 2025Change
Clients (30 September)Number819,235873,793+6.7 %
Financial advisors (30 September)Number1,1741,284+9.4 %
Brokerage income€ million86.393.3+8.1 %
Earnings before interest and taxes (EBIT)€ million2.8-4.1>-100.0 %
EBIT margin%3.3-4.4>-100.0 %

Percentages and figures may be subject to rounding differences. Percentages are calculated on the basis of EUR thousands