OHB SE — Earnings Release 2009

Feb 10, 2010

News Details

Ad-hoc | 10 February 2010 11:19

OHB Technology AG: Increase in total revenues 2009 of around EUR 60 million (+ 23%)

OHB Technology AG / Preliminary Results

10.02.2010 11:19

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• Increase in total revenues 2009 of around EUR 60 million (+ 23%) to EUR
  320 million

• With expected EUR 20-21 million EBIT 2009 exceeds prior-year amount by
  roughly 7%

• Order backlog of EUR 1.3 billion at record high

• Continued growth expected for 2010: + Total revenues up roughly EUR 100
  million to EUR 420-440 million + Operating result EBITDA set to rise to
  EUR 32-35 million + EBIT increase to EUR 22-24 million expected

Bremen/Milan, February 10, 2010. On the occasion of the Group's 6th Capital
Market Day held in Milan, following company tradition, OHB Technology AG
(Prime Standard, ISIN: DE0005936124) today announces first preliminary and
unaudited results for the past fiscal year 2009 and offers a first outlook
for the current fiscal year 2010. At the headquarters of newly acquired
Carlo Gavazzi Space in Milan, Management Board members and experts from the
various business segments meet today with analysts, bankers, investors and
journalists to present a detailed overview of future projects, their
development, and current trends in the aerospace industry.

Consolidated total revenues 2009 are expected to increase by approx. 23% to
roughly EUR 320 million, a gain of EUR 60 million on the previous year's
amount. The operating result (EBITDA), expected in the amount of EUR 30-31
million, exceeds the prior-year amount by roughly 5%, announced Marco R.
Fuchs, CEO of OHB Technology AG. The resulting EBIT, expected in the range
of EUR 20-21 million, represents an increase of roughly 7%. OHB confirmed
given guidance for 2009. In the fourth quarter of 2009 Carlo Gavazzi Space
(CGS) was included in the basis of consolidation for the first time and
Kayser-Threde Automotive was not considered anymore.

The order backlog comes to roughly EUR 1.3 billion at the beginning of
February 2010, another record high which exceeds the previous year's peak
level of roughly EUR 700 million considerably. Essential contributions to
this order volume are made by the production order of MT Aerospace for 'Lot
PB' - 35 more Ariane 5 launch vehicles in the total amount of EUR 370
million - and the commissioning of OHB-System as prime contractor for the
construction of the first 14 satellites for the European satellite
navigation system Galileo worth EUR 566 million.

For the current fiscal year 2010 the Management Board expects continued
growth with a significant increase in the OHB Group's consolidated total
revenues of more than EUR 100 million to EUR 420-440 million (growth above
31%); all business segments are scheduled to contribute to this target with
revenues exceeding the 2009 figures. The results from operations, EBITDA
and EBIT, are also anticipated to outperform the prior-year levels in 2010,
with roughly EUR 32-35 million and EUR 22-24 million, respectively.

The complete and audited consolidated financial statements 2009 of OHB
Technology AG will be explained in detail at the upcoming annual press
conference held on March 18, 2010 in Bremen and at the analysts' conference
to follow that same day in Frankfurt/Main.

For additional information please contact:

OHB Technology AG

Michael Vér Phone: +49 (0)421 2020-8
Investor Relations Fax: +49 (0)421 2020-613

Karl-Ferdinand-Braun-Str. 8 Internet: http://www.ohb-technology.de
28359 Bremen, Germany E-mail:ir@ohb-technology.de

10.02.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: 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
Internet: www.ohb-technology.de
ISIN: DE0005936124
WKN: 593612
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Hamburg, Stuttgart

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