This year’s Capital Market Day for OHB SE (Prime Standard, ISIN: DE0005936124) is taking place today at the headquarters of its subsidiary OHB System AG in Oberpfaffenhofen. At the event, the company will provide an outlook on the expected business performance for the current 2019 fiscal year based on the Group’s three key performance indicators:
Total revenue is forecast at EUR 1.05 billion, and EBITDA is expected to amount to EUR 80 million. The first-time application of the new accounting standard IFRS 16 will have an impact on the EBITDA figure, which is estimated at approximately EUR 10 million and has been factored in accordingly. Operating profit (EBIT) is expected to rise to EUR 50 million.
For the 2018 fiscal year, the Management Board today reaffirmed the outlook provided at last year’s Capital Market Day, which projected total revenue of EUR 1 billion, EBITDA of EUR 65 million, and EBIT of EUR 47 million. OHB SE’s audited 2018 consolidated financial statements will be explained in detail at the upcoming annual press conference on March 20, 2019, in Bremen and at the analyst meeting in Frankfurt am Main following on the same day, and will also be available for download on the OHB SE website.