Bremen, August 5th 2015:
OHB SE publishes preliminary figures for six months 2015:
Total revenues EUR 315m, EBITDA EUR 22.2m, EBIT EUR 16.3m
The ratios above came to the following figures in the six-months period 2014: Total revenues EUR 414m, EBITDA EUR 27.9m, EBIT EUR 20.5m
The deviation shown in the course of the projects during the fiscal year has an impact on the total revenues and is part of our business model. Our profitability has hardly fluctuated, EBIT margin will reach approximately 5% just like in the previous year and will slightly beat our previous year’s margin.
When comparing the results above with the six-months report 2014, it has to be taken into account that the contributions from Aerotech Peissenberg GmbH & Co. KG (ATP) were still fully consolidated in the report. Since May 2014 ATP has the status of a minority stake in the reports. Adjustment of the six-month-report 2014 (deducting ATP contributions from the results) would lead to this pro forma calculation: Total revenues EUR 372m, EBITDA EUR 19.8m, EBIT EUR 13.9m. Compared to these figures, the current profitability ratios show a positive development.
The management board confirms the guidance (published in February) for the business year 2015 for these ratios (total revenues >EUR 800m, EBITDA >EUR 53m, EBIT >EUR 40m).
OHB’s six-month report will be released on August 13th, the ratios above have been stated today by the management board.