OHB SE introduces its third reporting segment, DIGITAL, outlines further steps in the implementation of Strategy 2025, and provides an outlook for the current fiscal year
At its Capital Market Day 2021 today, the aerospace group OHB SE (Prime Standard, ISIN DE0005936124) will present the next steps in the implementation of its corporate strategy, “OHB 2025 – Shaping the future.”
A key element of the strategy is the third business division, “DIGITAL,” which was launched in the previous fiscal year and has been an independent reporting segment since January 1, 2021. Among the new segment’s first operational successes is the successful completion of a satellite mission by OHB Cosmos International Launch Services GmbH within a very ambitious timeline.
At today’s event, the company is providing an outlook on the expected business performance for the current fiscal year 2021 based on the Group’s three key performance indicators: Total revenue is forecast at EUR 1 billion, while EBITDA and EBIT are expected to amount to EUR 80 million and EUR 45 million, respectively.
For the 2020 fiscal year, OHB SE expects a record order backlog of approximately EUR 2.6 billion as of December 31, 2020. Total revenue is expected to be less than EUR 1 billion. OHB SE has neither confirmed nor withdrawn the guidance for the two profitability metrics, EBITDA (EUR 80 million) and EBIT (EUR 44 million), which was published during last year’s Capital Market Day, in the course of the current COVID-19 pandemic. With regard to these metrics, OHB SE anticipates that they will be slightly below the originally forecast figures.
OHB SE’s audited 2020 consolidated financial statements will be presented in detail at the upcoming virtual earnings press conference on March 17, 2021, and at the virtual analyst conference following on the same day, and will also be available for download on the OHB SE website.
