Ovb Holding Ag · XETR:O4B
Ovb — Shareholder Meeting (June 2019)
22 slides from Ovb's shareholder meeting presentation, Jun 14, 2019
Slide 1: OVB Holding AG Annual General Meeting 2019
OVB Holding AG Annual General Meeting 2019 Cologne, 14 June 2019 Mario Freis, CEO
Slide 2: Agenda
Agenda 1 2018 financial year 2 Business performance in Q1 2019 3 Outlook for 2019 financial year 4 Strategy and European expansion OVB Holding AG – presentation for the Annual General Meeting 2019 2
Slide 3: 2018 financial year – an overview
2018 financial year – an overview Growth in clients and financial advisors Sales rise by 2.7% to €231.3 million EBIT of €13.2 million within target range (€13.0 million - €13.5 million) Proposed dividend stable at €0.75 per share 2017 2018 Change Clients 3.35 million 3.48 million + 4.1% Fina
Slide 4: Development of clients and financial advisors
Development of clients and financial advisors Clients Financial brokers Central and Eastern Europe: Central and Eastern Europe: Significant growth (+ 5.0%*) Number of advisors stable (± 0.0%*) Germany: Slight decline (- 1.0%*) Germany: Number of advisors up (+ 2.9%*) Southern and Western E
Slide 5: Total sales commissions by segment
Total sales commissions by segment Central and Eastern Europe grows significantly Germany generates slight increase in sales Southern and Western Europe slightly down on previous year Group1) Central and Eastern Europe Germany2) Southern and Western Europe + 2.7% + 6.7% 225.3 231.3 + 0.5% - 2.
Slide 6: EBIT development
EBIT development 16.0 13.2 Group EBIT influenced by a scheduled increase in expenses 7.6 6.2 for strategic and regulatory measures EBIT is within target range 6.7 7.1 9.5 9.9 Southern and Western Europe - 7.8 Germany - 10.0 Central and Eastern Europe Central units and consolidation 2017 2018 (in
Slide 7: Solid assets, liabilities and shareholders' equity
Solid assets, liabilities and shareholders' equity 31.12.2017 31.12.2018 47.8 50.8 86.5 Current assets 0.6 83.9 0.7 Non-current assets 51.6 48.5 Current liabilities 13.5 16.1 Non-current liabilities Shareholders' equity Assets Liabilities and Assets Liabilities and shareholders’ equity shareholders’
Slide 8: Overview of Q1 2019
Overview of Q1 2019 Growth in clients and financial advisors Significant upturn in brokerage income EBIT falls short of previous year figure due to expenses brought forward from other periods Positive impact from initial consolidation of Belgian subsidiary Q1/2018 Q1/2019 Change Clients 3.37
Slide 9: Outlook for 2019
Outlook for 2019 OVB is taking advantage of the potential of comprehensive one-stop financial consulting in 15 European markets OVB is adapting to changed market requirements and a significantly changing regulatory environment Further implementation of the “OVB Evolution 2022” strategy Confirm
Slide 10: “OVB Evolution 2022” strategy
“OVB Evolution 2022” strategy Exploitation of potential Digitalisation Modernisation Expansion OVB Holding AG – presentation for the Annual General Meeting 2019 10
Slide 11: Timeline of OVB
Timeline of OVB 1970 1992 1995 2002 2006 2018 Founding of OVB OVB Poland, Takeover of OVB Italy, IPO of Acquisition of Germany OVB Czech Republic, Fidicon, Switzerland OVB Romania, OVB Holding AG Willemot, OVB Hungary OVB Spain Belgium 1991 1993 1999 2003 2007 OVB Austria OVB Greece, OVB Croatia OVB
Slide 12: Market entry in Belgium
Market entry in Belgium Population in 2018: 11.5 million Gross domestic product 40,282 35,920 32,560 (GDP) per capita in € Belgium Euro zone European Union Net assets 93,580 61,060 per capita in € Belgium Western Europe Belgium is a highly developed and prosperous country that offers many business a
Slide 13: Key facts about Willemot NV
Key facts about Willemot NV Ranking of Belgian brokerage companies Place Name 1. Marsh Legal form Stock corporation 2. Cigna Int. Health Service 3. Vanbreda Risk & benefits 4. Aon Belgium Registered office Ghent 5. ERGO Partners 6. WI LINK Insurance 7. Allia Insurance Year of establishment 1841 8. V
Slide 14: Key facts on the Willemot NV business model
Key facts on the Willemot NV business model OVB Holding AG 100% shareholding Willemot NV (AG) Brokers Brokerage platform Sales organisation (Own client portfolio) (Comprehensive IT support and full (OVB business model) service provider) OVB Holding AG – presentation for the Annual General Meeting 20
Slide 15: OVB – at home in Europe
OVB – at home in Europe POLAND GERMANY BELGIUM CZECH REPUBLIC SLOVAKIA UKRAINE AUSTRIA HUNGARY FRANCE SWITZERLAND ROMANIA CROATIA ITALY SPAIN GREECE OVB Holding AG – presentation for the Annual General Meeting 2019 15
Slide 16: Europe-wide panel survey of Gen Y and Gen Z
Europe-wide panel survey of Gen Y and Gen Z Target group People aged between Survey period 18 and 35 13 September 2018 – 25 September 2018 In the countries… Belgium Romania Germany Switzerland France Slovakia Online panel survey Italy Spain with 7,200 respondents Croatia Czech Republic Austria Ukrai
Slide 17: Europe-wide panel survey of Gen Y and Gen Z
Europe-wide panel survey of Gen Y and Gen Z How interested are you in finance? Romania 93 6 1 Ukraine 92 5 3 Austria 89 9 2 Poland 87 10 3 Croatia 87 10 3 Italy 86 12 2 Hungary 85 11 4 Germany 84 11 5 Switzerland 84 10 6 Spain 83 12 5 Czech Republic 81 14 5 Slovakia 78 14 8 Belgium 76 15 9 France 75
Slide 18: Europe-wide panel survey of Gen Y and Gen Z
Europe-wide panel survey of Gen Y and Gen Z How would you like to find out about financial products? Friends / relative / acquaintances 52 Financial consultants 47 Bank consultants 40 Insurance companies / service providers’ websites 39 Online comparison sites 27 Social media 21 Forums 18 Newspapers
Slide 19: Europe-wide panel survey of Gen Y and Gen Z
Europe-wide panel survey of Gen Y and Gen Z Which aspects within a job are important to you? Performance-based pay 59 Personal development 47 Flexibility 43 Work-life balance 40 Further training opportunities 38 Good career perspectives 38 Attractive tasks 37 Teamwork 34 Work-life separation 25
Slide 20: OVB Holding AG – presentation for the Annual General Meeting 2019
OVB Holding AG – presentation for the Annual General Meeting 2019 20
Slide 21: 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 22: 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-mai