OHB SE Reveals Exciting Insights in 3-Month Interim Report 2024

• OHB SE reported total revenues of EUR 207 million for the first three months of 2024, a 2% increase from the previous year.
• The operating result (EBITDA) decreased from EUR 21.5 million in the previous year to EUR 19.3 million, with the EBITDA margin declining to 9.4%.
• The firm order backlog stood at EUR 1,725 million, down from EUR 1,764 million in the previous year.
• The voluntary public takeover offer by Orchid Lux HoldCo S.à r.l. is progressing as planned.
• The company was awarded orders for twelve further satellites for the IRIDE constellation and a contract for the preparation of the next generation of Sentinel-2 satellites for the European Copernicus constellation.
• The Management Board expects consolidated total revenues of between EUR 1,300 million and EUR 1,400 million in 2024, with EBITDA margin and EBIT margin expected to reach > 8.5% and > 6.0% respectively.

The price of OHB at the time of the news was 43,45EUR and was up +0,12 % compared with the previous day.
13 minutes after the article was published, the price was 43,35EUR this corresponds to a minus of -0,23 % since publication.

OHB

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ISIN:DE0005936124WKN:593612

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