OHB SE Releases Its 2025 Quarterly Report

The OHB Group (ISIN: DE0005936124, Prime Standard) reported total revenue of EUR 242.4 million for the first three months, an increase of 17% compared to the same period last year (previous year: EUR 206.7 million). Operating profit (EBITDA) decreased from EUR 19.3 million in the prior year to EUR 19.1 million. Adjusted EBITDA increased from EUR 20.0 million in the prior year to EUR 22.1 million. EBIT decreased to EUR 9.5 million in the first three months of the current fiscal year, down from EUR 10.2 million in the prior-year period. The corresponding EBIT margin decreased to 3.9%, down from 4.9% in the prior-year period.

The Group’s order backlog stood at EUR 2,314 million after the first three months of fiscal year 2025, compared with EUR 1,725 million in the prior year. Of this amount, EUR 1,861 million is attributable to the SPACE SYSTEMS segment, EUR 293 million to the AEROSPACE segment, and EUR 160 million to the DIGITAL segment. As of March 31, 2025, the OHB Group’s total assets stood at EUR 1,410.6 million, up approximately 1% from the level as of December 31, 2024 (EUR 1,399.2 million). The increase in equity from EUR 427.2 million to EUR 432.7 million resulted in an equity ratio of 30.7% as of March 31, 2025, compared to 30.5% at the end of the year on December 31, 2024.

In the SPACE SYSTEMS segment, a significant order was secured in the first quarter of 2025 for a third satellite for the CO2M mission of the European Copernicus Earth observation program. In addition, OHB announced the opening of a new facility in Bristol, United Kingdom. The expansion of business operations into the United Kingdom, with the aim of strengthening the European space sector, is an important milestone for the OHB Group. The Anglo-American region is viewed as a future market for further growth. In the AEROSPACE segment, the second successful flight of the European Ariane 6 launch vehicle marked the start of its commercial operation. The Group company MT Aerospace AG is involved in the Ariane 6 project as the largest German supplier, with a share of approximately 10% of the work. With the introduction of a new satellite-data-based product for monitoring coastal areas and participation in the development of a high-energy computed tomography scanner, the DIGITAL segment made progress in two core areas of its strategy: the development of applications based on satellite data and technology transfer to new industries and application fields.

At this time, the Executive Board expects the Group’s financial and asset position to continue to develop favorably. For the 2025 fiscal year, the Management Board expects the OHB Group’s consolidated total revenue to be approximately EUR 1,200 million, primarily due to the existing order backlog. The operating profit metrics EBITDA margin and EBIT margin are expected to reach approximately 9% and approximately 6%, respectively.

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