OHB SE Releases Its 2025 Nine-Month Interim Report

The OHB Group (ISIN: DE0005936124, Prime Standard) reported total revenue of EUR 863.5 million for the first nine months, an increase of 21% compared to the same period last year (previous year: EUR 715.8 million). Operating profit (EBITDA) rose from EUR 62.4 million in the prior year to EUR 75.5 million. Adjusted EBITDA increased from EUR 72.5 million in the prior year to EUR 80.9 million. EBIT rose to EUR 46.0 million in the first nine months of the current fiscal year, up from EUR 34.7 million in the prior year. The corresponding EBIT margin increased to 5.3%, up from 4.8% in the prior-year period.

The Group’s firm order backlog stood at EUR 3,117 million after nine months of fiscal year 2025, compared with EUR 2,120 million in the prior year. Of this amount, EUR 2,604 million is attributable to the SPACE SYSTEMS segment, EUR 336 million to the ACCESS TO SPACE segment, and EUR 177 million to the DIGITAL segment. As of September 30, 2025, the OHB Group’s total assets stood at EUR 1,565.4 million, up approximately 12% from the level as of December 31, 2024 (EUR 1,399.2 million). The increase in equity from EUR 427.2 million to EUR 440.8 million resulted in an equity ratio of 28.2% as of September 30, 2025, compared to 30.5% at the end of the year on December 31, 2024.

In addition to the successful launches of the MTG-S1 weather satellite and the NAOS Earth observation satellite, the OHB Group has made significant progress in recent months in preparing for rising satellite demand and the increasing industrialization of the sector: The inauguration of new office space and larger cleanroom facilities in Sweden will enable OHB Sweden AB to meet the requirements of series production in the future while simultaneously increasing cost efficiency. Against this backdrop, OHB has acquired a production facility for electronic components in Schöneck, Saxony. In addition, OHB Digital Connect GmbH has laid the foundation for the expansion of its service business in the DIGITAL segment with the opening of a new satellite operations site in Darmstadt.

Following an organizational restructuring of the AEROSPACE segment, this segment will henceforth encompass all of the Group’s business activities related to access to space under the name ACCESS TO SPACE. MT Aerospace AG continues to represent a significant portion of these activities. By acquiring an additional 30% of the shares in MT Aerospace AG, OHB SE became its sole shareholder—a move that underscores confidence in the company’s growth trajectory and the very positive development of the global launch vehicle market. With the award of the contract for the series production of flight models 16 through 42 for the European launch vehicle Ariane 6, in which MT Aerospace AG is involved as the largest German supplier, another milestone in the program ramp-up was reached in the past quarter.

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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