Growth & profitability
through booming industry & experience
The space industry has developed very dynamically in recent years. In fiscal 2020, a record 1,200 satellites were launched. OHB SE's order backlog reached an all-time high of EUR 2.6 billion at the end of 2020. The currently very positive market environment offers OHB SE's companies many opportunities, with OHB companies working on satellites for an extremely broad range of applications: navigation, telecommunications, science, exploration and earth observation - this area in particular has gained in importance in the recent past. For example, OHB is currently developing and building two environmental satellites as part of the Copernicus earth observation program, which will be specifically measuring carbon dioxide emissions caused by human activities for the first time.
Since fiscal 2005, the Company has paid dividends to its shareholders without interruption (exception: in 2020, a year generally dominated by Covid). Despite its impressive growth history, the Company has not carried out any cash capital increase to date. Over the course of OHB's 40-year history, the company has increased its revenues to more than EUR 1 billion, and currently employs 3,000 people at 14 locations in 10 countries. As a result, the former "garage company" with just a few employees has evolved into one of the three major European satellite system suppliers.
This status is an intermediate step - the current implementation of the Group strategy presented in 2020 will position the Group even better in the future, and Strategy 2025 paves the way for achieving the medium-term financial targets.
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