OHB SE
OHB SE: Capital Market Day 2024
EQS-News: OHB SE
/ Key word(s): Capital Markets Day
OHB SE: Capital Market Day 2024
The focus was on the expected business development for the current fiscal year 2024 and the following years:
For the past fiscal year 2023, OHB confirms the outlook from the 9-month interim report dated November 9, 2023. Total revenues are forecasted to be around the level of the guidance. Various effects (delayed order intake, inflation-related cost increases, as well as transaction costs and other one-off effects), which have had a negative impact on profitability, might lead to the EBITDA and EBIT figures for the 2023 fiscal year falling short of the initial guidance. OHB SE’s audited consolidated financial statements for 2023 will be explained in detail at the annual press conference scheduled for March 20, 2024 and the analyst conference to follow on the same day as well as being available for download on OHB SE’s website. The company also provided an overview of the company’s new governance structure. This includes changes to top positions in all three business segments:
In this context, Dr Kristina Wagner is introduced as the new Chief Technology + Digital Officer. In her role, she will manage the OHB Group’s technical developments and research work from February 1, 2024. As a further member of the Executive Committee, Sabine von der Recke will be responsible for institutional and political relations as well as corporate communications. In addition, she will remain a Member of the Management Board of OHB System AG and a Member of the Management Board of German Offshore Spaceport Alliance GmbH. The Executive Committee is completed by Oliver Salisch, who coordinates and oversees M&A activities and other equity investments. Furthermore, he is the managing director of OHB Venture Capital GmbH. “We need a strong leadership team to realize our ambitious growth targets. I am convinced that we will lead OHB into a successful future with this Executive Committee. The new appointments to the management positions in the two largest subsidiaries are an important and forward-looking step in this regard, and I am excited about working together in this new constellation,” explains Marco Fuchs. At today’s Capital Market Day, the management also reports on the status of the investment agreement with the new minority investor KKR. With the implementation of a capital increase of 10 % of the previous share capital at an issue price of EUR 44 per share, the number of shares issued has increased from 17,468,096 to 19,214,905 shares. As a result, OHB SE received around EUR 77 million in December 2023. The second element of the investment agreement has also already been implemented with the subscription of a convertible bond by Rocket Factory Augsburg AG. The completion of the voluntary public takeover offer for all outstanding shares of OHB SE is currently still subject to the granting of various regulatory approvals. Contact: Media representatives: Sabine von der Recke Member of the Management Board Phone: +49 421 2020 9823 Email: sabine.recke@ohb.de Investors and analysts: Marcel Dietz Investor Relations Phone: +49 421 2020 6426 Email: ir@ohb.de
17.01.2024 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: | 1816233 |
End of News | EQS News Service |
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