PTA-Adhoc: OVB Holding AG: OVB Holding AG expects to surpass its previous full-year forecast for 2020

Tuesday, 23. February 2021 13:25

Public disclosure of inside information according to article 17 MAR

Cologne (pta036/23.02.2021/13:25) - Cologne, 23 February 2021 - After overall positive business performance for the year as a whole, OVB Holding AG anticipates on the basis of preliminary figures for the 2020 financial year to record operating income (EBIT) of Eur14.9 million (2019 financial year: Eur14.1 million), plus Eur270.6 million in brokerage income (2019 financial year: Eur257.8 million).
Most recently, OVB Holding AG had issued specific guidance its own expectations for 2020 in an ad hoc disclosure on 2 November 2020, stating that it expected to see EBIT at roughly the same level as in the 2019 financial year and a slight increase in brokerage income.
OVB Holding AG is scheduled to hold its annual press and analyst conference online on 23 March 2021.
EBIT breakdown is shown on page 36 of OVB Holding AG's 2019 annual report.

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emitter: OVB Holding AG
address: Heumarkt 1, 50667 Köln
country: Germany
contact person: Brigitte Bonifer
phone: +49 221 20 15-288
e-mail: bbonifer@ovb.de
website: www.ovb.eu

ISIN(s): DE0006286560 (share)
stock exchanges: regulated market in Frankfurt; free market in Stuttgart, free market in Munich, free market in Hamburg, free market in Dusseldorf, free market in Hannover; open market in Berlin

[ source: http://www.pressetext.com/news/20210223036 ]

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