At its meeting today, the Executive Board of OHB SE (Prime Standard, ISIN DE0005936124) confirmed its guidance for total revenue, EBITDA, and EBIT for 2019 and expects positive operating cash flow for the past fiscal year.<\/p>\n\n
The Executive Board of OHB SE has also approved the forecasts for total revenue, EBITDA, and EBIT for the current fiscal year. Some of these figures are below market expectations.<\/p>\n\n
OHB SE expects total revenue of EUR 1.1 billion for the 2020 fiscal year, EBITDA of EUR 80 million, and EBIT of EUR 44 million. Due to reduced order volumes in the Ariane 5 rocket program and the changed market outlook for the follow-on Ariane 6 program\u2014in which a Group company is involved as a key supplier\u2014a decline in the forecast key figures is expected in the Aerospace + Industrial Products division. This will result in a reduction in the Group\u2019s overall EBIT for fiscal year 2020.<\/p>\n\n
At today\u2019s Capital Market Day, the company will also present its \u201cOHB 2025\u201d strategy. A central element of this strategy is the establishment of a third business division, \u201cOHB Digital.\u201d Significant growth for the Group is expected in the coming years due to this new business division and the high potential for project acquisition in the Space Systems division. Total revenue will increase steadily year-over-year; by the 2025 fiscal year, growth to EUR 1.5 billion annually is planned, accompanied by higher EBIT margins.<\/p>\n","protected":false},"excerpt":{"rendered":"
At its meeting today, the Executive Board of OHB SE (Prime Standard, ISIN DE0005936124) confirmed its guidance for total revenue, EBITDA, and EBIT for 2019 and expects positive operating cash flow for the past fiscal year. The Executive Board of OHB SE has also approved the forecasts for total revenue, EBITDA, and EBIT for the […]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[48],"tags":[],"class_list":["post-11639","post","type-post","status-publish","format-standard","hentry","category-ad-hoc-announcements"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.ohb.de\/en\/wp-json\/wp\/v2\/posts\/11639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ohb.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ohb.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ohb.de\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ohb.de\/en\/wp-json\/wp\/v2\/comments?post=11639"}],"version-history":[{"count":1,"href":"https:\/\/www.ohb.de\/en\/wp-json\/wp\/v2\/posts\/11639\/revisions"}],"predecessor-version":[{"id":11640,"href":"https:\/\/www.ohb.de\/en\/wp-json\/wp\/v2\/posts\/11639\/revisions\/11640"}],"wp:attachment":[{"href":"https:\/\/www.ohb.de\/en\/wp-json\/wp\/v2\/media?parent=11639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ohb.de\/en\/wp-json\/wp\/v2\/categories?post=11639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ohb.de\/en\/wp-json\/wp\/v2\/tags?post=11639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}