Ovb Holding Ag · XETR:O4B
Ovb — Shareholder Meeting (June 2017)
17 slides from Ovb's shareholder meeting presentation, Jun 2, 2017
Slide 1: OVB Holding AG 2017 Annual General Meeting
OVB Holding AG 2017 Annual General Meeting ■ 47 years of experience ■ Represented in 14 European countries ■ 3.28 million clients ■ Around 5,000 financial advisors ■ More than 100 product partners Cologne, 2 June 2017 Mario Freis, CEO OVB Allfinanz – simply better!
Slide 2: Executive Board report – agenda
Executive Board report – agenda 1 The 2016 financial year – an overview 2 Overview of Q1 2017 3 Financial year 2017 outlook and current environment 4 Future strategic orientation OVB 2017 Annual General Meeting, 2 June 2017 2
Slide 3: The 2016 financial year – an overview
The 2016 financial year – an overview 2015 2016 Change Total sales commissions €224.7 million €231.8 million + 3.1% EBIT €14.0 million €16.5 million + 17.7% Consolidated net income €9.4 million €12.5 million + 33.7% Earnings per share €0.66 €0.88 + 33.7% OVB Group achieves sales increase and signi
Slide 4: Development of clients and financial advisors
Development of clients and financial advisors Clients Financial advisors ■ Central and Eastern Europe: ■ Central and Eastern Europe: Essentially stable at a high level (-0.4%*) Slight decrease (- 4,6 %*) ■ Germany: ■ Germany: Decrease due to demographic factors (-1.4%*) Stable performance (-0.7%*) ■
Slide 5: Total sales commissions by segment
Total sales commissions by segment Solid growth in total sales commissions by 3.1% to €231.8 million Central and Eastern Europe remains the segment with strongest sales Group* Central and Eastern Europe Germany* Southern and Western Europe + 3.1% + 1.3% 224.7 231.8 -1.5% + 12.8% 108.2 109.7 64.9
Slide 6: Increase in EBIT based on growth in sales
Increase in EBIT based on growth in sales 16.5 14.0 8.3 6.7 ■ Operating income rises significantly by 17.7% 6.5 6.7 ■ All three operational segments contribute to growth in earnings 9.4 9.5 Southern and Western Europe - 8.6 - 8.0 Germany Central and Eastern Europe Central units and consolidation 201
Slide 7: Balance sheet structure reflects financial strength
Balance sheet structure reflects financial strength 12/31/2015 12/31/2016 46.0 46.9 Current assets 0.6 0.5 88.0 86.1 Non-current assets 53.4 52.6 Current liabilities Non-current liabilities 12.0 13.9 Shareholders' equity Assets Liabilities and Assets Liabilities and shareholders’ shareholders’ equit
Slide 8: Q1 2017: Successful start to the financial year
Q1 2017: Successful start to the financial year Q1/2016 Q1/2017 Change Total sales commissions €57.1 million €58.4 million + 2.3% EBIT €3.0 million €3.3 million + 11.6% Consolidated net income €2.0 million €2.5 million + 21.2% Earnings per share €0.14 €0.17 + 21.2% Good start to the new financial
Slide 9: Development of clients and financial advisors
Development of clients and financial advisors Clients Financial advisors ■ Central and Eastern Europe: slight increase ■ Central and Eastern Europe: Slight fall at a high level ■ Germany: Virtually stable ■ Germany: Decrease largely due to ■ Southern and Western Europe: Further rise demographic fact
Slide 10: Total sales commissions by segment
Total sales commissions by segment 2.3% growth in total sales commissions Southern and Western Europe remain on growth track, Central and Eastern Europe with strong growth signal at the start of the year Impact of the German Life Insurance Reform Act in Germany increasingly tangible Group* Cen
Slide 11: EBIT performance by segment
EBIT performance by segment + 11.6% ■ Considerable improvements in 3.3 earnings in the Central and Eastern 3.0 Europe and Southern and Western 2.0 Europe segments 1.8 ■ Further rise in EBIT margins in these 1.4 segments 1.5 ■ Germany keeps EBIT margin stable 2.2 ■ EBIT development includes initial 1
Slide 12: 2017 outlook and current environment
2017 outlook and current environment Confirmation of the forecast for 2017 as a whole As things stand, OVB's expectations for the entire year are: Sales up slightly on the previous year Operating income on par with the previous year Unchanged conditions Considerable changes to regulatory environ
Slide 13: Significant strengths of the OVB performance profile
Significant strengths of the OVB performance profile Clients Financial advisors / employees Comprehensive one-stop financial Reliable framework for independent consulting for broad sections of the entrepreneurial activity population in Europe Competitive contractual conditions, social Premiu
Slide 14: Elementary components of the corporate strategy OVB Evolution 2022
Elementary components of the corporate strategy OVB Evolution 2022 Exploiting Expansion potential OVB Evolution 2022 Digitalisation Modernisation OVB 2017 Annual General Meeting, 2 June 2017 14
Slide 15: Our vision
Our vision We aspire to offer the best one-stop financial consulting with our highly qualified financial advisors. Our service protects our clients in Europe from the financial consequences of a number of risks, and helps them to realise their personal goals and aspirations. When people in Europe ar
Slide 16: Contact
Contact OVB Holding AG Heumarkt 1 50667 Cologne Germany www.ovb.eu Jürgen Kotulla Brigitte Bonifer General Manager/Prokurist Director/Prokuristin (authorised signatory with (authorised signatory with general power of attorney) general power of attorney) Marketing/Communications Investor Relations Te
Slide 17: 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