OHB SE — Earnings Release 2006

Mar 28, 2007

News Details

Corporate | 28 March 2007 08:30

OHB Technology AG: Total revenues increase to record level of EUR 186 million

OHB Technology AG / Final Results

Release of a Corporate-announcement, transmitted by DGAP - a company of
EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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  - Total revenues increase to record level of EUR 186 million (2005:
    EUR 117 million) pushed from MT Aerospace
  - Further earnings increase to 81 Cent per share (2005: 72 Cent)
    benefited from one-time effect of 29 Cent per share (2005: 36 Cent)
  - Dividend proposal of 23 Cent per share for 2006 (2005: 20 Cent)
  - Order backlog increases to EUR 448 million (2005: EUR 418 million)

Bremen, March 28th, 2007. The Management Board of OHB Technology AG (ISIN:
DE0005936124) will present the audited consolidated financial statements
for 2006 at today’s annual accounts press conference in Bremen. The Board
will also underline the positive outlook for the current 2007 fiscal year.

The constant rise of OHB Groups’s total revenues in past years to a current
record level of EUR 185.7 million (previous year EUR 117.1 million) is one
part of the company’s ongoing growth story. Especially the successful
acquisition and integration of MT Aerospace into the OHB Group account for
this. First time consolidation of MT Aerospace for a full fiscal year
resulted in total revenues of EUR 103.4 million (previous year EUR 50.6
million) – more than doubled compared to the year before. Continuous
earnings growth of the past years is the other part of the growth story.
Net profit 2007 increased to EUR 12.0 million versus last years’ EUR 10.7
million. Thereof increasing earnings per share of 81 Cent in 2007 (previous
year 72 Cent) benefited from an one-time special effect within the Group’s
consolidation in the amount of 29 Cent per share (previous year 36 Cent per
share). Earnings per share adjusted for these one-time effects of the years
2005 and 2006 resulted in earnings per share of 52 Cent in 2006 and 36 Cent
in the year before.

The traditionally high level of cash and cash equivalents amounted to EUR
89.5 million at December 31st, 2006 (previous years’ ultimo EUR 95.1
million).

The Management and the Supervisory Board will propose a dividend payment of
23 Cent per share (previous year 20 Cent per share) to the Annual General
Meeting. It is planned to pay out a dividend for the year 2007 in the next
fiscal year as well.

The order backlog rose again to EUR 447.5 million (previous year EUR 417.5
million) as of December 31st, 2006. This guarantees an excellent capacity
utilization for the current fiscal year. The Management Board expects total
revenues for 2007 of approximately EUR 200 million. Increasing adjusted
earnings per share of 55 cent for 2007 compared to last years’ 52 Cent are
also expected.

The complete 2006 consolidated financial accounts of OHB Technology AG will
be explained in detail at today’s (March 28th, 2007) annual accounts press
conference in Bremen and the subsequent analysts’ meeting in
Frankfurt/Main.

Financial ratios at a glance(thousand 2005 2006 +/- 2006/05
EUR)
Sales 113,829 163,147 + 43 %
Total revenues 117,057 185,699 + 59 %
EBITDA 19,325 27,936 + 45 %
EBIT 14,080 20,428 + 45 %
EBT 13,745 21,982 + 60 %
net profit 10,678 12,016 + 12 %
EPS in EUR 0.72 0.81 + 13 %
EPS in EUR (adjusted for one-time 0.36 0.52 + 44 %
effects)
Dividend per share*) in EUR 0.20 0.23 + 15 %
Cash and cash equivalents 95,084 89,502 - 6 %

*) 2006 proposal to AGM

Annual accounts press conference on March 28, 2007 at 08:45 a.m.
at the premises of OHB Technology AG in Bremen.

Analyst’ meeting (DVFA) on March 28, 2007 at 02:00 p.m.
at the premises of DZ Bank AG,
Platz der Republik,
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

DGAP 28.03.2007

Language: English
Issuer: OHB Technology AG
Karl-Ferdinand-Braun-Str. 8
28359 Bremen Deutschland
Phone: +49 (0)421 2020 8
Fax: +49 (0)421 2020 613
E-mail: ir@ohb-technology.de
www: www.ohb-technology.de
ISIN: DE0005936124
WKN: 593612
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, München, Hamburg, Düsseldorf, Stuttgart

End of News DGAP News-Service

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