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OVB stable in a difficult environment - Seite 2
difficult environment, the positive development in Southern and Western
Europe and the rise in earnings in Germany all underline the sales and
management strength of the whole OVB team', Rentmeister continued.
OVB sees the final three months of 2013 - even in the current low-interest
environment - as a particular challenge because, while last year benefit
was reaped in nearly every market from the introduction of unisex tariffs,
this effect will no longer be felt this year. 'Our business model remains
stable and profitable. Therefore, our most important target of generating a
dividend at the previous year's level from the results of current business
seems achievable', said Rentmeister, setting the direction for the rest of
the year.
About the OVB Group
The OVB Group, with its holding company headquartered in Cologne, is one of
the leading European financial sales organisations. Since its founding in
1970, customer-oriented consulting for private households with regard to
asset protection, asset building, pension plans and real estate acquisition
has been the focus of OVB's business activities. OVB currently advises some
3.0 million customers across Europe, working in cooperation with over 100
renowned product partners.
OVB is presently active in 14 countries, with approximately 5,000 full-time
financial consultants working for the Group. In 2012, OVB Holding AG and
its subsidiaries generated total sales commission of EUR214.7 million and
EBIT of EUR10.5 million. OVB Holding AG has been listed on the Frankfurt
Stock Exchange (Prime Standard, ISIN DE0006286560) since July 2006.
The presentation and the interim report on the first nine months of 2013
can be downloaded from the Investor Relations section of www.ovb.ag.
Key figures of the OVB Group for the first three quarters of 2013
01/01
01/01 - 30/09/ - 30/09/
Key operating figures Unit 2012 2013 Change
Clients (30/09) Number million 2.94 3.03 + 3.1 %
Financial advisors
(30/09) Number 5,060 4,951 - 2.2 %
Number of
New business contracts 410,298 349,884 - 14.7 %
Total sales
commission Euro million 155.6 151.0 - 3.0 %
01/01
01/01 - 30/09/- 30/09/
Key financial figures Unit 2012 2013 Change
Earnings before interest and Euro
The OVB Group, with its holding company headquartered in Cologne, is one of
the leading European financial sales organisations. Since its founding in
1970, customer-oriented consulting for private households with regard to
asset protection, asset building, pension plans and real estate acquisition
has been the focus of OVB's business activities. OVB currently advises some
3.0 million customers across Europe, working in cooperation with over 100
renowned product partners.
OVB is presently active in 14 countries, with approximately 5,000 full-time
financial consultants working for the Group. In 2012, OVB Holding AG and
its subsidiaries generated total sales commission of EUR214.7 million and
EBIT of EUR10.5 million. OVB Holding AG has been listed on the Frankfurt
Stock Exchange (Prime Standard, ISIN DE0006286560) since July 2006.
The presentation and the interim report on the first nine months of 2013
can be downloaded from the Investor Relations section of www.ovb.ag.
Key figures of the OVB Group for the first three quarters of 2013
01/01
01/01 - 30/09/ - 30/09/
Key operating figures Unit 2012 2013 Change
Clients (30/09) Number million 2.94 3.03 + 3.1 %
Financial advisors
(30/09) Number 5,060 4,951 - 2.2 %
Number of
New business contracts 410,298 349,884 - 14.7 %
Total sales
commission Euro million 155.6 151.0 - 3.0 %
01/01
01/01 - 30/09/- 30/09/
Key financial figures Unit 2012 2013 Change
Earnings before interest and Euro
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