Based on preliminary, unaudited figures for the 2024 fiscal year, the OHB Group (ISIN: DE0005936124, Prime Standard) reported total revenue of EUR 1,030.2 million (previous year: EUR 1,182.8 million). EBITDA amounted to EUR 53.2 million in the reporting year (previous year: EUR 162.1 million), and the EBITDA margin decreased to 5.2% from 13.7% in the previous year. EBIT amounted to EUR 14.1 million (previous year: EUR 125.0 million). The EBIT margin thus decreased from 10.6% in the prior year to 1.4%.
In fiscal year 2023, various factors that had a negative impact on profitability were more than offset by revaluation adjustments to financial instruments classified as equity investments and financial assets. The results for the 2024 fiscal year were characterized by a project-related risk provision and expenses related to the Group-wide transformation process. EBITDA adjusted for these special effects reached EUR 111.1 million in the 2024 fiscal year, compared to EUR 87.1 million in the prior year. In fiscal year 2024, the OHB Group generated order intake of EUR 1,671 million, a significant increase compared to the previous year (EUR 920 million). Free cash flow as of December 31, 2024, was also clearly positive at EUR 148.1 million.
These preliminary figures are subject to audit and certification by the auditor, as well as approval of the consolidated financial statements by the Supervisory Board. The audited and approved 2024 consolidated financial statements will be published on March 20, 2025.