The OHB Group (ISIN: DE0005936124, Prime Standard) reported total revenue of EUR 1,030.2 million for the 2024 fiscal year (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 effects that had a negative impact on profitability were more than offset by revaluation measures of financial instruments in equity investments and financial assets. The results for the 2024 fiscal year were characterized by a project-related risk provision as well as expenses incurred as part of the Group-wide transformation process. Adjusted for these special items, EBITDA reached EUR 111.1 million in the 2024 fiscal year, compared to EUR 87.1 million in the prior year.
As in the previous year, the Executive Board and Supervisory Board will propose a dividend of EUR 0.60 per share to the Annual General Meeting for the 2024 fiscal year.
In the SPACE SYSTEMS segment, the launch of the Hera asteroid mission marked a milestone in European space exploration. Later in the year, OHB was awarded the contract to build a Hera-based probe for the Ramses mission. With new orders for the IRIDE constellation and the ESA “Earth Explorer” mission Harmony, as well as the successful launch of the Arctic Weather Satellite, OHB was also able to successfully re-establish its position in the Earth observation sector. The successful maiden launch of the European Ariane 6 launch vehicle and the signing of an Authorization to Proceed for Ariane 6 flight models 16 through 42 have led to a significant stabilization of the Ariane program in the AEROSPACE segment. In addition, the business as a supplier in the U.S. market for launch vehicle components was further expanded. To this end, contracts were concluded with both existing and new customers. In fiscal year 2024, the DIGITAL segment recorded EUR 170 million in order intake, the highest figure to date since its launch in 2021. In doing so, OHB further strengthened its position in the field of downstream services for Earth observation data. Furthermore, the successful internationalization of the digital rail infrastructure business marked a significant achievement in this key target area for the segment.
At EUR 2,382 million (previous year: EUR 1,749 million) as of the balance sheet date, the order backlog remains at a very strong level. The SPACE SYSTEMS segment accounts for the majority of the order backlog with a value of EUR 1,968 million; the order backlog in the AEROSPACE segment amounts to EUR 244 million, and the DIGITAL segment has an order backlog of EUR 171 million. These figures ensure a high degree of planning certainty for the future.
OHB SE’s complete consolidated financial statements for the 2024 fiscal year will be presented in detail today at the annual results press conference in Bremen and the subsequent virtual analyst conference.
Key Performance Indicators at a Glance
| in thousands of euros | 2021 | 2022 | 2023 | 2024 | +/- 2023/2024 |
| Revenue | 905.001 | 944.520 | 1.047.796 | 1.001.490 | -4 % |
| Total output | 916.547 | 1.001.276 | 1.182.845 | 1.030.182 | -13 % |
| EBITDA | 83.618 | 99.282 | 162.119 | 53.185 | -67 % |
| Adjusted EBITDA | 83.618 | 99.282 | 87.061 | 111.109 | +28 % |
| EBIT | 47.021 | 63.196 | 125.022 | 14.121 | -89 % |
| EBT | 41.594 | 49.979 | 104.144 | -820 | -101 % |
| Consolidated net income | 27.749 | 32.226 | 85.881 | 930 | -99 % |
| Share of OHB SE shareholders in net income | 27.498 | 32.242 | 71.287 | -196 | -100 % |
| Earnings per share* (EUR) | 1,58 | 1,97 | 4,11 | -0,01 | -100 % |
| Dividend per share** (EUR) | 0,48 | 0,60 | 0,60 | 0,60 | 0 % |
| Cash on hand | 96.618 | 106.110 | 141.126 | 118.019 | -16 % |
* from continuing operations attributable to the owners of the parent company
** 2024: Proposal to the Annual General Meeting