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OVB Holding AG (O4BG.DE)

O4BG.DE on Xetra

19.27EUR
11:36am EDT
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Latest Key Developments (Source: Significant Developments)

OVB Holding FY operating result up 17.7 pct at 16.5 million euros
Tuesday, 28 Mar 2017 01:49am EDT 

OVB Holding AG : Dividend increase by 15.4 per cent to 75 eurocent . FY operating result rose significantly by 17.7 percent to 16.5 million euros ($17.92 million) . FY total sales commissions increased by 3.1 percent to 231.8 million euros . For the 2017 financial year, the management board expects a slight increase in the group's sales .OVB's 2017 operating profit should be at the previous year's level owing to an increased investment effort to further strengthen OVB's future viability.  Full Article

OVB Holding extends CEO Mario Freis' contract
Friday, 10 Feb 2017 04:49am EST 

OVB Holding AG :Supervisory board of OVB Holding AG has extended the contract of CEO Mario Freis, which runs until 31 December 2017, by five years until 31 December 2022.  Full Article

OVB Holding 9-month EBIT up 20.4 pct at 12.4 million euros
Thursday, 10 Nov 2016 01:53am EST 

OVB Holding AG : 9-month earnings before interest and taxes rose sharply by 20.4 percent to 12.4 million euros (Q1-Q3 2015: 10.3 million euros) . In the first nine months of 2016 the OVB Group generated total sales commission in the amount of 171.1 million euros .Anticipate sales slightly above the prior-year level and a significant increase in the operating result for the full year 2016.  Full Article

OVB holding H1 oper income up 32.8 pct at EUR 8.0 mln
Wednesday, 10 Aug 2016 02:22am EDT 

OVB Holding AG : Recorded a substantial improvement in H1 operating income of 32.8 percent, from 6.1 million euros in previous year to 8.0 million euros ($8.92 million) . H1 total sales commission increasing by 4.4 percent to 115.8 million euros .Now forecasting slight increase in total sales commission for 2016 (previously: close to prior-year level) and a substantial (previously: slight) year-on-year increase in operating income.  Full Article

OVB Holding Q1 EBIT rises to 3.0 mln euros
Wednesday, 11 May 2016 02:11am EDT 

OVB Holding AG : Q1 total sales commission increases by 4.8 pct to 57.1 million euros ($65.03 million) . Q1 EBIT rises by 31.6 pct to 3.0 million euros . Made a slight upward revision to its sales and earnings expectations for 2016 as a whole . FY operating income is expected to move slightly above level of previous year . Now anticipates for 2016 total sales commission for year as a whole to be close to level of previous year .Q1 consolidated net income went up 29.0 pct.  Full Article

OVB Holding gives FY 2016 revenue outlook in line with analysts' estimates, to distribute dividend of 0.65 euro per share‍​
Wednesday, 16 Mar 2016 08:00pm EDT 

OVB Holding AG:To distribute dividend raised to 0.65 euro per share‍​.Sees FY 2016 operating result is anticipated to be at prior-year level‍​.Expects a decline in consolidated sales in the mid single-digit percentage range for FY 2016 compared to the previous year‍​.FY 2015 reported total income 219.5 million euros.FY 2016 revenue estimate 213.00 million euros - Thomson Reuters I/B/E/S.  Full Article

OVB Holding appoints Mario Freis as new CEO
Friday, 5 Feb 2016 02:07am EST 

OVB Holding AG:Mario Freis new CEO of OVB Holding AG ‍.Former CEO, Michael Rentmeister, resigned his post with immediate effect and will leave OVB Group on March 31​.  Full Article

OVB Holding AG raises FY 2015 outlook
Friday, 13 Nov 2015 01:44am EST 

OVB Holding AG:Still expects sales to climb slightly in 2015 compared to 2014.Forecasts that 2015 operating income could rise again markedly as against significantly improved result for 2014.Previously expected FY 2015 operating income to remain stable or increase slightly as against significantly improved result for 2014.FY 2014 sales 204.92 million euros, EBIT 12.26 million euros.FY 2015 EBIT estimate 12.69 million euros - Thomson Reuters I/B/E/S.  Full Article

OVB Holding comments on FY 2015 outlook
Friday, 14 Aug 2015 02:00am EDT 

OVB Holding AG:Outlook FY 2015: anticipates a slight rise in sales for year as a whole in comparison to 2014 and expects operating income to remain stable or increase slightly as against significantly improved result for 2014.FY 2014 sales 204.92 million euros, EBIT 12.26 million euros.FY 2015 sales estimate 209.11 million euros, EBIT estimate 12.49 million euros - Thomson Reuters I/B/E/S.  Full Article

BRIEF-OVB Holding FY operating result up 17.7 pct at 16.5 million euros

* FY operating result rose significantly by 17.7 percent to 16.5 million euros ($17.92 million)