PTA-Adhoc: OVB Holding AG: OVB Holding AG reduces EBIT forecast for the 2025 financial year
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OVB Holding AG has revised its EBIT forecast for the 2025 financial year, expecting operating earnings to be between EUR 10 and 15 million, down from the previous estimate of EUR 20 to 23 million. This adjustment is due to the insolvency of a product partner affecting its subsidiaries in Spain, Italy, Belgium, and France. Despite anticipated growth in brokerage income, increased sales expenses and potential legal costs are expected to impact earnings. The company will continue to monitor the situation and provide updates as necessary.
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