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06/5/14 - €25.09
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ohb ag (OHB) Details

OHB AG, an aerospace and technology company, through its subsidiaries, is engaged in the production and distribution of products and projects, and provision of technology services in the areas of space and aeronautic technology, telematics, and satellite services in Germany and internationally. The company’s Space Systems division focuses on developing and executing space projects. It develops and manufactures low earth orbit and geostationary orbit satellites for navigation, scientific, communication, and earth observation purposes, such as scientific payloads; and prepares studies and concepts for exploring its solar system, primarily the moon and Mars. This division’s manned space flight activities include the assembly and fitting of the International Space Station, Columbus, and ATV. OHB AG’s Aerospace + Industrial Products division manufactures products for aviation and space travel. It supplies aerospace structures for aviation and space travel; components for the Ariane 5 programme and aircraft engines; mechatronic systems for antennas and telescopes; and electronic data transmission systems that provide logistics support through transport management and shipment tracking. The company was formerly known as OHB Technology AG and changed its name to OHB AG in 2011. OHB AG is headquartered in Bremen, Germany.

2,056 Employees
Last Reported Date: 08/13/14

ohb ag (OHB) Top Compensated Officers

Chairman of Management Board and Chief Execut...
Total Annual Compensation: €705.0K
Chief Operating Officer and Member of Executi...
Total Annual Compensation: €337.0K
Compensation as of Fiscal Year 2013.

ohb ag (OHB) Key Developments

OHB AG Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Reaffirms Earnings Guidance for 2014

OHB AG reported consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, sales were EUR 192.2 million against EUR 161.3 million last year. Total revenues were EUR 206.5 million against EUR 166.8 million last year. EBITDA was EUR 13.4 million against EUR 12.6 million last year. EBIT was EUR 10.1 million against EUR 8.8 million last year. EBT was EUR 8.8 million against EUR 7.6 million last year. Net profit for the period after minority interests was EUR 13.1 million against EUR 5 million last year. EPS was EUR 0.75 against EUR 0.29 last year. For the six months, sales were EUR 358.3 million against EUR 293 million last year. Total revenues were EUR 414.4 million against EUR 310.4 million last year. EBITDA was EUR 27.9 million against EUR 23 million last year. EBIT was EUR 20.5 million against EUR 15.3 million last year. EBT was EUR 17.5 million against EUR 12.8 million last year. Net profit for the period after minority interests was EUR 19.2 million against EUR 8.4 million last year. EPS was EUR 1.10 against EUR 0.48 last year. Revenues were mainly driven by the overwhelming business development of the Space Systems' business unit with non-consolidated total revenues which climbed by EUR 90.4 million or 44% to EUR 296.3 million. The company expects continued growth in adjusted consolidated total revenues in the OHB Group to more than EUR 700 million in 2014. Total revenues were adjusted due to the deconsolidation of Aerotech Peissenberg to EUR 700 million (hitherto EUR 750 million). The earnings forecast remains unchanged: at over EUR 56 million and EUR 39 million respectively, EBITDA and EBIT will once more be higher year on year in 2014.

OHB AG Approves Dividend for 2013

The shareholders of the OHB AG will receive a dividend of EUR 0.37 per share entitled to dividend for 2013 compared to EUR 0.37 per share for the last year. The AGM listed for 13 years has approved a relevant proposal submitted by the Management Board and the Supervisory Board.

OHB AG, Annual General Meeting, Jul 02, 2014

OHB AG, Annual General Meeting, Jul 02, 2014.


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