OHB SE — Earnings Release 2003

Mar 16, 2004

News Details

Corporate | 16 March 2004 14:23

Convincing OHB Group with impressive growth in 2003

Corporate-news announcement sent by DGAP. The sender is solely responsible for the contents of this announcement. ——————————————————————————– Convincing OHB Group with impressive growth in 2003 Total revenues and earnings per share increased to record high by more than one third against previous year Bremen, March 16, 2004. Supervisory Board of OHB Technology AG (ISIN: DE0005936124) accepted the audited consolidated financial statements 2003 on their board meeting today. Total revenues and earnings per share increased by more than one third and underlines impressively the successful growth path of OHB which is going to be continued in the current fiscal year. OHB Group sales in 2003 made a huge jump by around 42 % to EUR 96.3 mill (previous year EUR 68.0 mill). The prevailing key figure of the Group – driven through the mainly project oriented space technololgy – total revenues achieved a growth in 2003 of around 34 % to EUR 105.8 mill (prev. year EUR 78.9 mill) and over fulfilled the company’s planning slightly. Net profit of the Group increased by 30 % to EUR 4.7 mill (prev. year EUR 3.6 mill) and earnings per share accelerated by nearly 35 % to EUR 0.31 (prev. year EUR 0.23). The consolidated financial statements 2003 of OHB Technology AG are going to be discussed in detail next week on the annual accounts press conference and the following analysts` meeting in Frankfurt / Main on March 25, 2004. Annual accounts press conference 09:00 a.m., March 25, 2004 and Analysts` meeting (DVFA) 11:00 a.m., March 25, 2004 in the conference area of DZ Bank AG Westendstr. 1 (white tower) D – 60265 Frankfurt / Main For additional information please contact: OHB Technology AG Michael Vér Investor Relations Karl-Ferdinand-Braun-Str. 8 D – 28359 Bremen Phone: +49 -421 -2020 -8 Fax: +49 -421 -2020 -613 Internet: http://www.ohb-technology.de mailto: ir@ohb-technology.de end of message, (c)DGAP 16.03.2004 ——————————————————————————– WKN: 593612; ISIN: DE0005936124; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover und Stuttgart 161423 Mär 04