OHB SE is releasing the following preliminary figures for the first quarter of 2015:
- Total revenue amounts to EUR 153 million.
- EBITDA of approximately EUR 10.6 million
- EBIT of approximately EUR 7.7 million
This represents a deviation from the figures for the same quarters of the previous two years:
Q1 2014: Revenue EUR 208 million, EBITDA EUR 14.5 million, EBIT EUR 10.4 million
Q1 2013: Revenue EUR 144 million, EBITDA EUR 10.4 million, EBIT EUR 6.6 million
This highlights the volatility inherent in our business model when comparing absolute figures. However, our profitability remains largely stable, with the EBIT margin reaching approximately 5%, as in previous years.
When comparing the financial statements for Q1 2014 and Q1 2013, it should be noted that Aerotech Peissenberg GmbH & Co. KG (ATP) was still fully consolidated in those financial statements. However, since May 2014, ATP has been included in the financial statements only as a minority interest.
The full-year outlook published in February for these key figures has been confirmed by the Executive Board (total revenue >EUR 800 million, EBITDA >EUR 53 million, EBIT >EUR 40 million).
OHB SE’s full quarterly report will be published on May 13, 2015; the preliminary figures mentioned above were approved by the Executive Board today.