OVB (O4B) Q4 2024 earnings summary

Executive summary

• Sales rose 15.3% in 2024, setting a new record with brokerage income at €408.6 million.

• EBIT increased 14.0% to €20.3 million; net income after non-controlling interests up 34.2% to €19.2 million.

• Number of clients reached 4.70 million (+4.5% year-over-year); financial advisors grew 6.6% to 6,278.

• Dividend proposal of €1.00 per share, up 11.1% from the previous year.

Financial highlights

• Brokerage income: €408.6 million (+15.3% year-over-year); gross profit: €133.8 million (+12.9%).

• EBIT: €20.3 million (+14.0%); net financial income: €6.2 million (+99.5%).

• Earnings per share: €1.35 (+34.2%); market capitalisation at year-end: €285 million.

• Dividend proposal: €1.00 per share (+11.1%).

Outlook and guidance

• Forecasting consolidated brokerage income of €420–440 million for 2025.

• Operating income expected between €20–23 million, reflecting digital transformation investments.

• Growth anticipated in all segments despite macroeconomic uncertainties.