OVB Holding AG announced consolidated earnings results for the first quarter ended March 31, 2013. For the period, the company reported consolidated net income of EUR 1.7 million compared to EUR 1.4 million for the same period a year ago. Basic earnings per share was EUR 0.12 compared to EUR 0.10 for the same period a year ago. Total sales commission was EUR 54.3 million compared to EUR 54.8 million for the same period a year ago. Earnings before interest and taxes was EUR 1.9 million compared to EUR 2.2 million for the same period a year ago. The company is confident in its outlook for 2013 as a whole and it is standing by its forecast for the year 2013 a sales increase in the mid-single digits, earnings growth of 10% to 15%.

OVB Holding AG reported audited consolidated earnings results for the year ended December 31, 2012. For the year, the company reported total income of EUR 203,495,000 compared to EUR 209,116,000 a year ago. Earnings before interest and taxes (EBIT) were EUR 10,545,000 compared to EUR 6,096,000 a year ago. Earnings before taxes were EUR 11,916,000 compared to EUR 7,272,000 a year ago. The sales performance was EUR 214.7 million, virtually being held stable compared to the previous year's figure of EUR 222.1 million. Consolidated net income almost doubled, increasing from EUR 4,123,000 to EUR 8,168,000, resulting in basic earnings of EUR 0.57 per share compared to EUR 0.29 a year ago. Cash flow from operating activities was EUR 2,593,000 compared to EUR 13,362,000 a year ago. Purchases of tangible assets were EUR 954,000 compared to EUR 1,183,000 a year ago. Purchases of financial assets were EUR 469,000 compared to EUR 208,000 a year ago. The Executive Board and Supervisory Board will propose to the Annual General Meeting on 21 June 2013 that it adopt a significant dividend increase to EUR 0.55 per share for the 2012 financial year compared to EUR 0.35 paid in last year. In the current financial year 2013, the company planed to improve its sales and earnings.

As part of its successfully launched "OVB Systemvertrieb 2016" (OVB System Sales 2016) strategy, the OVB Group, which operates in 14 European countries, is expanding its management team. As of 1 January 2013, Thomas Hucker (47) will assume the role of the new Head of Operations (HOO) both of OVB Holding AG and of the German company OVB Vermogensberatung AG. His role will focus on systems and processes as well as the coordination and management of the company's international IT activities. Moreover, at both companies he will be responsible for the HR and Legal departments. He will report to Oskar Heitz, CFO and COO of OVB Holding AG and OVB Vermogensberatung AG. Due to his many years of management experience, Thomas Hucker has extensive experience in operations as well as comprehensive knowledge of the industry. Another important factor is that he has the necessary international expertise. In total, Thomas Hucker has 20 years of experience in the fields of operations and business management. Most recently he was a member of the Management Board of Bonnfinanz AG.