Brief: OVB Holding FY operating result up 17.7 pct at 16.5 million euros

OVB Holding AG

28/03/2017 06:47

March 28 (Reuters) - OVB Holding AG  O4BG.DE : 
    * 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 
 
Source text for Eikon:  ID:nEuGVQCAa  
Further company coverage:  O4BG.DE  
 
($1 = 0.9206 euros) 
 
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