OVB Holding AG · XETR:O4B
OVB — H1 2022 Earnings Presentation
15 slides from OVB's earnings presentation, Aug 10, 2022
Slide 1: Conference call Consolidated interim report H1 2022
Conference call Consolidated interim report H1 2022 Cologne, 10 August 2022 Mario Freis, CEO Frank Burow, CFO
Slide 2: OVB at a glance
OVB at a glance More than 50 years experience Operating in 15 countries throughout Europe 4.22 million clients 5,630 financial advisors Over 100 product partners Presentation for the H1 Conference Call – Consolidated Interim Report H1 2022 of OVB Holding AG - 10 August 2022 Slide 2
Slide 3: Agenda
Agenda 1 Overview of H1 2022 2 Development of clients and financial advisors 3 Brokerage income, regional diversification and product mix 4 Financial information in detail 5 Summary and outlook for 2022 6 Disclaimer/financial calendar/contact Presentation for the H1 Conference Call – Consolidated In
Slide 4: Overview of H1 2022
Overview of H1 2022 OVB continues to grow in the first half of 2022 ▪ Further expansion in the number of clients and financial advisors ▪ Brokerage income up 6.6% at €169.7 million ▪ EBIT of €11.2 million (previous year: €12.4 million) ▪ Net financial income and income tax expenses burden consolidat
Slide 5: Expansion in the number of clients and financial advisors
Expansion in the number of clients and financial advisors Number of clients Number of financial advisors ▪ Central and Eastern Europe: Significant increase at a high level ▪ Central and Eastern Europe: Significant growth (+ 3.9%*) (+ 4.4%*) ▪ Germany: Stable performance (- 0.4%*) ▪ Germany: Slight i
Slide 6: Significant sales increase in the Central and Eastern Europe segment
Significant sales increase in the Central and Eastern Europe segment ▪ Strongest segment Central and Eastern Europe continues dynamic growth ▪ Income in the Germany segment declines slightly ▪ Southern and Western Europe segment with moderate sales increase Group Central and Eastern Europe Germany S
Slide 7: Internationality and cross-thematic advice
Internationality and cross-thematic advice ▪ OVB continues to benefit from broad international positioning ▪ Central and Eastern Europe region contributes 51.0% of total sales with very strong performance ▪ Allfinanz portfolio: Financial products focused on tangible assets with a share of nearly 40%
Slide 8: EBIT development influenced by other operating expenses
EBIT development influenced by other operating expenses 12.4 11.2 ▪ Group EBIT declines by 9.8% during the year to €11.2 million 4.5 ▪ Rising sales and training costs, inflationary pressure and special 4.7 effects are currently affecting operating costs 5.0 3.9 ▪ Pan-European positioning evens out e
Slide 9: Selected items of the consolidated income statement
Selected items of the consolidated income statement Jan. – Jun. 2021 Jan. – Jun. 2022 Change1) Brokerage income 159.2 169.7 + 6.6% Brokerage expenses - 107.1 - 111.7 + 4.4% Other operating income 4.6 5.9 + 27.0% Other operating expenses -20.1 -25.9 + 28.8% Personnel expenses - 20.6 - 22.6 + 9.4% Dep
Slide 10: Summary and outlook for 2022
Summary and outlook for 2022 H1 2022 ▪ War, ongoing pandemic and inflation result in increasingly challenging environment ▪ OVB nonetheless still growing significantly: Number of clients and financial advisors and brokerage income continue to increase ▪ EBIT down year on year, but higher than expect
Slide 11: OVB at a glance
OVB at a glance More than 50 years experience Operating in 15 countries throughout Europe 4.22 million clients 5,630 financial advisors Over 100 product partners Presentation for the H1 Conference Call – Consolidated Interim Report H1 2022 of OVB Holding AG - 10 August 2022 Slide 11
Slide 12: Agenda
Agenda 1 Overview of H1 2022 2 Development of clients and financial consultants 3 Advisory income, regional diversification and product mix 4 Financial information in detail 5 Summary and outlook for 2022 6 Disclaimer/financial calendar/contact Presentation for the H1 Conference Call – Consolidated
Slide 13: Disclaimer
Disclaimer The information in this document in some cases includes forward-looking statements that are based on assumptions and expectations and are subject to unforeseeable risks. If the assumptions regarding the further internal and external growth of the company prove to be inaccurate or if other
Slide 14: Financial calendar 2022
Financial calendar 2022 11 May 2022 Results for the first quarter of 2022 and conference call 15 June 2022 2022 Annual General Meeting 10 August 2022 Results for the second quarter of 2022 and conference call 9 November 2022 Results for the third quarter of 2022 and conference call Presentation for
Slide 15: Contact OVB Holding AG
Contact OVB Holding AG Heumarkt 1 50667 Cologne Germany www.ovb.eu Jürgen Kotulla Brigitte Bonifer Chief Marketing Officer Director Investor Relations Tel.: +49 (0) 221 - 2015 - 233 Tel.: +49 (0) 221 - 2015 – 288 Fax: +49 (0) 221 - 2015 - 224 Fax: +49 (0) 221 - 2015 – 325 E-mail: jkotulla@ovb.de E-m