The OHB Group (ISIN: DE0005936124, Prime Standard) reported total revenue of EUR 563.5 million for the first six months, an increase of 20% compared to the same period last year (previous year: EUR 470.5 million). Operating profit (EBITDA) rose from EUR 34.3 million in the prior year to EUR 42.0 million. Adjusted EBITDA increased from EUR 40.7 million to EUR 45.9 million compared to the prior year. EBIT rose to EUR 22.6 million in the first six months of the current fiscal year, compared to EUR 15.8 million in the prior year. The corresponding EBIT margin increased to 4.0%, up from 3.4% in the prior-year period.
The Group’s order backlog exceeded the EUR 3 billion mark for the first time six months into the 2025 fiscal year. On a year-over-year basis, the figure increased by 86% to EUR 3,067 million, up from EUR 1,653 million as of the same date last year. Of this amount, EUR 2,571 million is attributable to the SPACE SYSTEMS segment, EUR 327 million to the AEROSPACE segment, and EUR 169 million to the DIGITAL segment. As of June 30, 2025, the OHB Group’s total assets stood at EUR 1,569.4 million, approximately 12% above the level as of December 31, 2024 (EUR 1,399.2 million). The increase in equity from EUR 427.2 million to EUR 427.7 million resulted in an equity ratio of 27.3% as of June 30, 2025, compared to 30.5% at the end of the year on December 31, 2024.
The signing of the contract for the LISA mission marked a milestone in the Group’s history last quarter: For the first time, OHB will serve as prime contractor for an “L-class” mission—the largest and most complex scientific missions of the European Space Agency (ESA). The contract is valued at EUR 839 million. In addition, MTG-S1, the first Sounder satellite of the third generation of European weather satellites, was successfully launched and put into operation. For MT Aerospace AG, the contract to develop automated quality assurance procedures for its own manufacturing processes represents a significant step toward securing the company’s global competitiveness. In the DIGITAL segment, activities in the area of downstream services—one of the core areas of the segment’s strategy—were expanded through new orders: In this context, various Group companies are participating in projects related to image data processing and cybersecurity.
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.
Key Performance Indicators at a Glance
| thousand euros | Q2 2025 | Q2 2024 | 6M 2025 | 6M 2024 | ± 6M |
|---|---|---|---|---|---|
| Revenue | 308.242 | 255.183 | 536.957 | 458.309 | +17 % |
| Total output | 321.142 | 263.743 | 563.530 | 470.468 | +20 % |
| EBITDA | 22.869 | 14.952 | 42.016 | 34.294 | +23 % |
| Adjusted EBITDA | 23.846 | 21.395 | 45.942 | 40.737 | +13 % |
| EBIT | 13.127 | 5.600 | 22.599 | 15.830 | +43 % |
| Share of OHB SE shareholders in net income for the period | 6.364 | 592 | 11.330 | 5.359 | +111 % |
| Earnings per share in EUR | 0,33 | 0,03 | 0,59 | 0,28 | +111 % |
| Cash on hand | 52.799 | 51.861 | 52.799 | 51.861 | +2 % |