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OHB SE — Earnings Release 2007
Feb 7, 2008
315_rns_2008-02-07_64b47a71-ee4d-4eb0-a598-81bd9067003f.html
Earnings Release
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News Details
Corporate | 7 February 2008 10:31
OHB Technology AG: OHB Group records continued growth in revenues and earnings
OHB Technology AG / Miscellaneous
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
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OHB Group records continued growth in revenues and earnings
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Earnings per share in excess of 80 cents expected for 2007
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Total revenues of EUR 290 million (+30%) anticipated for 2008
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EBIT 2008 expected to rise to EUR 23 million (roughly + 30%)
Bremen/Munich, 7 February 2008. With earnings of probably more than 80
cents per share in the past fiscal year 2007, OHB Technology AG (Prime
Standard, ISIN: DE0005936124) exceeds the profit forecast of November 2007
(78 cents per share).
Consolidated total revenues in 2007 will come to roughly EUR 220 million.
The EBIT will amount to EUR 17 to 18 million, according to the report of
Marco R. Fuchs, CEO of OHB Technology AG, given today on the occasion of
the fourth Capital Market Day of OHB in Munich. At the headquarters of last
year’s acquisition Kayser-Threde GmbH in Munich, the Management Board and
other experts from the OHB Technology division Payloads + Science met with
analysts, bankers, investors, and journalists for the purpose of taking a
deeper look at future projects, their formation, and the current
developments in the field of space technology.
For the current fiscal year 2008, the Management Board expects consolidated
total revenues for the OHB Group to increase significantly to about EUR 290
million
(+30 %), to which all divisions should contribute, having improved total
revenues compared to 2007. Operating profit (EBIT) for 2008 is expected to
increase to about EUR 23 million. The 2008 earnings per share should amount
to 80 cents, one-off adjustments are currently not expected. Dividend
payments are planned for both the previous fiscal year 2007 and for 2008.
The complete and audited 2007 Group annual accounts of OHB Technology AG
will be explained in detail at the annual press conference in Bremen and
the analysts’ conference to follow on the same day in Frankfurt/Main on 13
March 2008.
Contact:
OHB Technology AG
Michael Vér, Investor Relations
Karl-Ferdinand-Braun-Str. 8
28359 Bremen / Germany
Tel.: +49 (0)421 2020-8
Fax: +49 (0)421 2020-613
Internet: http://www.ohb-technology.de
E-Mail: [email protected]
07.02.2008 Financial News transmitted by DGAP
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: [email protected]
Internet: www.ohb-technology.de
ISIN: DE0005936124
WKN: 593612
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Hamburg, Düsseldorf, Stuttgart
End of News DGAP News-Service