OVB starts the 2025 financial year with growth of 11.9 per cent
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- Brokerage income rises in all three operating segments
Number of financial advisors and clients increases again
Cologne, 8 May 2025. OVB Holding AG, based in Cologne and one of Europe’s leading financial advisory groups, has had a successful start to the 2025 financial year. Brokerage income increased significantly by 11.9 per cent year on year to €108.3 million (Q1 2024: €96.8 million). All three of the Group’s segments reported sales growth in the first quarter of 2025. The Southern and Western Europe segment was the most dynamic, with sales rising by 16.5 per cent. In the Germany segment, sales grew by 4.2 per cent, marking five consecutive quarters of growth. In the Central and Eastern Europe segment, brokerage income likewise increased significantly by 11.5 per cent.
In parallel with the sales trend, OVB also increased its number of clients across Europe by 4.5 per cent to 4.76 million in the reporting period. At the same time, the OVB sales team grew very significantly again in the first three months of 2025, increasing by 6.9 per cent to 6,349 full-time financial advisors.
Mario Freis, CEO of OVB Holding AG, commented, ‘I am delighted that OVB has been able to continue its dynamic growth course across all three operating segments in the first quarter of the current financial year.’
At Group level, operating income of €3.0 million was achieved in the reporting period, which was below the previous year’s level as forecast. The largest contribution to earnings came from the Central and Eastern Europe segment, where EBIT rose slightly by 1.6 per cent to €4.6 million. Operating income in the Southern and Western Europe segment was down on the previous year. By contrast, EBIT in the Germany segment rose by 30.2 per cent.
While the strong financial result for the same period last year was attributable to gains on securities in particular, the turbulence on the financial markets in the first three months of 2025 led to losses. The financial result therefore showed a loss of €0.1 million in the reporting period, representing a year-on-year decline of €1.8 million. After non-controlling interests, OVB achieved consolidated net income of €1.4 million.
Forecast unchanged
OVB expects growth in all segments in 2025. To account for the continuing uncertainty regarding macroeconomic developments, OVB is forecasting consolidated brokerage income in a range of €420 million to €440 million for the 2025 financial year. Given the expenses associated with the strategy, operating income is expected to reach between €20 million and €23 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 its foundation in 1970, OVB’s business activities have focused on long-term, comprehensive and, above all, customer-orientated financial advice to private households. OVB works with more than 100 high-performance providers and uses 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 currently operates in 16 European countries. It has 6,349 full-time financial advisors serving 4.76 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.
Key figures for the OVB Group for the first quarter of 2025
Key operating figures | ||||
---|---|---|---|---|
Unit | 1 Jan.– 31 Mar. 2024 | 1 Jan.– 31 Mar. 2025 | Change | |
Clients (31 March) | Number | 4.55 m | 4.76 m | +4.5% |
Financial advisors (31 March) | Number | 5,939 | 6,349 | +6.9% |
Brokerage income | € million | 96.8 | 108.3 | +11.9% |
Key financial figures | ||||
---|---|---|---|---|
Unit | 1 Jan.– 31 Mar. 2024 | 1 Jan.– 31 Mar. 2025 | Change | |
Earnings before interest and taxes (EBIT) | € million | 4.3 | 3.0 | -28.7% |
EBIT margin | % | 4.4 | 2.8 | -1.6%-pts. |
Consolidated net income attributable to share-holders of OVB Holding AG | € million | 4.4 | 1.4 | -68.7% |
Earnings per share (basic) | € | 0.31 | 0.10 | -68.7% |
Key figures by region for the first quarter of 2025
Central and Eastern Europe | ||||
---|---|---|---|---|
Unit | 1 Jan.– 31 Mar. 2024 | 1 Jan.– 31 Mar. 2025 | Change | |
Clients (31 March) | Number | 3.15 m | 3.31 m | +5.3% |
Financial advisors (31 March) | Number | 3,700 | 4,000 | +8.1% |
Brokerage income | € million | 52.7 | 58.8 | +11.5% |
Earnings before interest and taxes (EBIT) | € million | 4.6 | 4.6 | +1.6 % |
EBIT-Marge | % | 8.7 | 7.9 | -0.8%-pts. |
Germany | ||||
---|---|---|---|---|
Unit | 1 Jan.– 31 Mar. 2024 | 1 Jan.– 31 Mar. 2025 | Change | |
Kund*innen | Number | 610,757 | 598,135 | -2.1% |
Financial advisors (31 March) | Number | 1,089 | 1,081 | -0.7% |
Brokerage income | € million | 14.8 | 15.4 | +4.2% |
Earnings before interest and taxes (EBIT) | € million | 0.8 | 1.0 | +30.2% |
EBIT margin | % | 5.2 | 6.5 | +1.3%-pts. |
Southern and Western Europe | ||||
---|---|---|---|---|
Unit | 1 Jan.– 31 Mar. 2024 | 1 Jan.– 31 Mar. 2025 | Change | |
Clients (31 March) | Number | 792,122 | 845,555 | +6.7% |
Financial advisors (31 March) | Number | 1,150 | 1,268 | +10.3% |
Brokerage income | € million | 29.3 | 34.2 | +16.5% |
Earnings before interest and taxes (EBIT) | € million | 1.7 | 1.0 | -42.2% |
EBIT margin | % | 5.9 | 2.9 | -3.0%-pts. |
Percentages and figures may be subject to rounding differences. Percentages are calculated on the basis of thousands of euros.