OHB SE
OHB SE: 9-month interim report 2024
EQS-News: OHB SE
/ Key word(s): 9 Month figures
OHB SE: 9-month interim report 2024
The Group’s firm order backlog stood at EUR 2,120 million after nine months of fiscal year 2024, up from EUR 1,742 million in the previous year. Of this amount, EUR 1,783 million is attributable to the SPACE SYSTEMS segment, EUR 203 million to the AEROSPACE segment and EUR 134 million to the DIGITAL segment. As of September 30, 2024, the OHB Group’s total assets stood at EUR 1,477.9 million, up around 10 % from December 31, 2023 (EUR 1,340.1 million). The increase in equity from EUR 438.0 million to EUR 443.6 million resulted in an equity ratio of 30.0 % as of September 30, 2024, down from 32.7 % at year-end on December 31, 2023. In the past quarter, two major order intakes were recorded in the SPACE SYSTEMS segment with the orders for the tenth “Earth Explorer” mission Harmony and the space safety mission Ramses. In addition, all three remaining launches scheduled for 2024 were successfully carried out. In the AEROSPACE segment, MT Aerospace AG, as one of the largest suppliers for the new European launcher Ariane 6, expects a continuous ramp-up in production volume in the coming years following the successful first launch. The company was also able to further advance its strategic growth in the defense sector by entering into two new contracts. By signing a partnership agreement with Frauscher Sensortechnik GmbH, OHB Teledata GmbH was able to achieve progress in one of the core areas of the strategy for the DIGITAL segment: The internationalization of its rail business beyond Germany. In the past quarter, the voluntary public takeover offer made by Orchid Lux HoldCo S.à r.l., a holding company controlled by investment funds, vehicles and / or accounts advised and managed by various subsidiaries of Kohlberg Kravis Roberts & Co L.P. (“KKR”), was successfully completed after all offer conditions had been met. Following the closing, KKR now holds approximately 28.6 % of the company’s shares. OHB continues to plan its delisting from the stock market to facilitate the implementation of its long-term growth strategy as a privately held company. At this point in time, the Management Board assumes that the financial position and net assets will continue to develop well. Key performance indicators at a glance
Contact: Media representatives: Marianne Radel Corporate Communications Phone: +49 421 2020 9159 Email: marianne.radel@ohb.de Investors and analysts: Marcel Dietz Investor Relations Phone: +49 421 2020 6426 Email: ir@ohb.de
12.11.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group AG. |
Language: | English |
Company: | OHB SE |
Manfred-Fuchs-Platz 2-4 | |
28359 Bremen | |
Germany | |
Phone: | +49 421 2020 8 |
E-mail: | info@ohb.de |
Internet: | www.ohb.de |
ISIN: | DE0005936124 |
WKN: | 593612 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 2027215 |
End of News | EQS News Service |
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