checkAd

    DGAP-News  317  0 Kommentare OVB Holding AG: Successful financial year in 2015: OVB Group grows profitably (news with additional features) - Seite 2


    increase of 5 euro cents on the previous year.

    2016 priorities and outlook

    OVB intends to further consolidate and develop the strengths of the proven
    OVB business model. Here, it will also continue to focus on successfully
    developing sales and income. Moreover, the Executive Board will align the
    corporate strategy with future market requirements.

    OVB issued a cautious assessment of the prospects for business performance
    in 2016: "The long-term business potential for private insurance and
    pension provi-sion remains unchanged. However, in the current financial
    year we find ourselves confronted with a difficult environment in
    individual markets, particularly due to further regulatory changes. In
    addition to this, people's willingness to make provi-sion for pensions is
    further declining in this ongoing low-interest phase. Neverthe-less, we are
    confident that we can keep earnings stable, even with a moderate decline in
    sales," said CEO Mario Freis.

    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 5,000 full-time financial advisors currently advise approximately 3.24
    million clients.

    In 2015, OVB Holding AG and its subsidiaries generated total sales
    commission of EUR224.7 million and EBIT of EUR14.0 million. OVB Holding AG
    has been listed on the Frankfurt Stock Exchange (Prime Standard, ISIN
    DE0006286560) since July 2006.


    +++++
    Additional features:

    Document: http://n.eqs.com/c/fncls.ssp?u=MFFOFGXLTD
    Document title: Press Release 3/17/2016

    ---------------------------------------------------------------------------

    17.03.2016 Dissemination of a Corporate News, transmitted by DGAP - a
    service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

    The DGAP Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Media archive at www.dgap-medientreff.de and www.dgap.de

    ---------------------------------------------------------------------------


    Language: English
    Company: OVB Holding AG
    Heumarkt 1
    50667 Köln
    Germany
    Phone: +49 221 2015 - 0
    Fax: +49 221 2015 - 264
    E-mail: ir@ovb.eu
    Internet: www.ovb.eu
    ISIN: DE0006286560
    WKN: 628656
    Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
    Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
    Munich, Stuttgart


    End of News DGAP News Service
    ---------------------------------------------------------------------------

    446401 17.03.2016
    Seite 2 von 2


    Diskutieren Sie über die enthaltenen Werte


    EQS Group AG
    0 Follower
    Autor folgen

    Verfasst von EQS Group AG
    DGAP-News OVB Holding AG: Successful financial year in 2015: OVB Group grows profitably (news with additional features) - Seite 2 DGAP-News: OVB Holding AG / Key word(s): Final Results OVB Holding AG: Successful financial year in 2015: OVB Group grows profitably (news with additional features) 17.03.2016 / 11:00 The issuer is solely responsible for the content of this …