OVB : 11/09/2022 - Nine-Month Report 2022 - Conference Call - Mario Freis (CEO), Frank Burow (CFO)
November 09, 2022 at 01:51 am EST
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Conference call
Consolidated interim report 1 January to 30 September 2022
Cologne, 9 November 2022
Mario Freis, CEO
Frank Burow, CFO
OVB at a glance
More than 50 years of experience
Operating in 16 countries throughout Europe
4.26 million clients
5,648 financial advisors
Over 100 product partners
Conference call presentation - Consolidated interim report 1 January to 30 September 2022
Chart 2
Agenda
Overview of the first nine months of 2022
Development of clients and financial advisors
Brokerage income, regional diversification and product mix
Financial information in detail
Summary and outlook for 2022 as a whole
Disclaimer/financial calendar/contact
Conference call presentation - Consolidated interim report 1 January to 30 September 2022
Chart 3
Overview of the first nine months of 2022
OVB confirms guidance in challenging environment
Client base expanded by further 4.1%
Number of financial advisors rises by 3.3% to 5,648
Significant increase in brokerage income despite greater strain on businesses and private households
EBIT of €15.4 million, still down 5.9% on the strong previous year level
Jan.- Sep. 2021
Jan.- Sep. 2022
Change
Clients
4.09 million
4.26 million
+ 4.1%
Financial advisors
5,466
5,648
+ 3.3%
Brokerage income
€234.2 million
€247.2 million
+ 5.5%
Operating income (EBIT)
€16.3 million
€15.4 million
- 5.9%
Consolidated net income after non-controlling interests
€12.3 million
€9.2 million
- 25.6%
Earnings per share (undiluted)
€0.86
€0.64
- 25.6%
Conference call presentation - Consolidated interim report 1 January to 30 September 2022
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Chart 4
Further expansion in the number of clients and financial advisors
Number of clients
Central and Eastern Europe: Increase at a high level (+ 4.6%*)
Germany: Slight increase (+ 0.3%*)
Southern and Western Europe: Significant growth (+ 5.8%*)
Number of financial advisors
Central and Eastern Europe: Significant expansion at high level (+ 5.3%*)
Germany: Slight decline (- 1.1%*)
▪ Southern and Western Europe: Further rise (+ 2.6%*)
+ 4.1%
+ 3.3%
4.09
4.26
million
million
5,466
5,648
Jan.- Sep. 2021
Jan.- Sep. 2022
Jan.- Sep. 2021
Jan.- Sep. 2022
* year-on-year
Conference call presentation - Consolidated interim report 1 January to 30 September 2022
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OVB Holding AG published this content on 09 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2022 06:50:01 UTC.
OVB Holding AG is a Germany-based financial consulting service provider. The Company provides financial brokerage services with its portfolio comprising of basic protection, asset protection and asset generation and wealth management. Basic protection focuses on the protection against existential risks, such as health care, income support and retirement provision; asset protection comprises insurance coverage, including personal liability insurance, household contents insurance and residential building insurance, among others; asset generation specializes in the generation of assets, such as real estate properties, and wealth management provides general wealth management services. It operates in around 16 European countries divided into regional segments. OVBâs Central and Eastern Europe segment comprises the national markets Croatia, Czech Republic, Hungary, Poland, Romania, Slovakia, Slovenia and Ukraine and others.
OVB HOLDING AG 
