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23.04.2024 08:00:38 - dpa-AFX: EQS-News: OHB SE: Consolidated financial statements 2023 (english)
OHB SE: Consolidated financial statements 2023
EQS-News: OHB SE / Key word(s): Annual Results
OHB SE: Consolidated financial statements 2023
23.04.2024 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
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OHB SE: Consolidated financial statements 2023
* Total revenues reach EUR 1,183 million
* Dividend recommendation amounts to EUR 0.60
* Voluntary public takeover offer progressing according to plan
In fiscal year 2023, the OHB Group (ISIN: DE0005936124, Prime Standard)
generated total revenues of EUR 1,182.8 (previous year: EUR 1,001.3
million), while sales changed to EUR 1,047.8 million (previous year: EUR
944.5 million). The operating result (EBITDA) increased from EUR 99.3
million in the previous year to EUR 162.1 million. The operating EBITDA
margin thus rose to 13.7 % in the reporting period, compared to 9.9 % in the
previous year. EBIT improved to EUR 125.0 million, compared to EUR 63.2
million in the previous year. The corresponding EBIT margin increased
accordingly from 6.3 % in the same period of the previous year to 10.6 %. In
the past fiscal year, various effects (delayed order intake,
inflation-related cost increases, transaction costs and other non-recurring
effects), which had a negative impact on profitability, were more than
offset by the fair-value remeasurement of equity interests and financial
assets.
As in the previous year, the Management Board and Supervisory Board will
propose a dividend of EUR 0.60 per share for fiscal year 2023 to the Annual
General Meeting.
The voluntary public takeover offer by Orchid Lux HoldCo S.à r.l. is
progressing according to plan. At present, approvals for foreign direct
investments in 3 out of 10 countries are still pending.
In the SPACE SYSTEMS segment, OHB successfully asserted itself in the market
in the past fiscal year by joining the core team of the bidding consortium
for the future European telecommunications constellation IRIS2 and being
commissioned to lead a consortium for the development of an early warning
and tracking system for ballistic missiles. In other European countries,
Group companies took advantage of further growth opportunities in their
areas of expertise and national markets. The AEROSPACE segment will benefit
from the results of the ESA Space Summit held in November 2023, at which
decisions were taken to secure the autonomy and independence of European
access to space. These include measures in the Ariane program and the
opening of the institutional market for commercial launchers. In the DIGITAL
segment, further orders were generated, particularly in the application area
of Earth observation. In addition, the increased use of synergy effects
between the segment's Group companies continued in the past fiscal year.
The Group's firm order backlog remains at a good level and stood at EUR
1,749 million, (previous year: EUR 1,875 million) as of the balance sheet
date. The majority of the order backlog is represented by the SPACE SYSTEMS
segment with a value of EUR 1,455 million, the order backlog in the
AEROSPACE segment amounts to EUR 158 million and the DIGITAL reporting
segment has an order backlog amounting to EUR 135 million. These values
guarantee good planning security for the future.
The Management Board expects consolidated total revenues to increase to
between EUR 1,300 and 1,400 million in 2024. Adjusted for special effects in
both cases, the EBITDA margin and the EBIT margin should reach > 8.5 % and >
6.0 %, respectively.
OHB SE's complete 2023 consolidated financial statements will be presented
in detail at today's hybrid annual press conference in Bremen and the
subsequent virtual analyst conference.
Key performance indicators at a glance
*) from continuing operations attributable to the owners of the parent
company
**) 2023: Subject to approval by the shareholders
Contact:
Media representatives:
Marianne Radel
Corporate Communications
Phone: +49 421 2020 9159
Email: marianne.radel@ohb.de
Investors and analysts:
Marcel Dietz
Investor Relations
Phone: +49 421 2020 6426
Email: ir@ohb.de
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23.04.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
---------------------------------------------------------------------------
End of News EQS News Service
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1886229 23.04.2024 CET/CEST
EQS-News: OHB SE / Key word(s): Annual Results
OHB SE: Consolidated financial statements 2023
23.04.2024 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
OHB SE: Consolidated financial statements 2023
* Total revenues reach EUR 1,183 million
* Dividend recommendation amounts to EUR 0.60
* Voluntary public takeover offer progressing according to plan
In fiscal year 2023, the OHB Group (ISIN: DE0005936124, Prime Standard)
generated total revenues of EUR 1,182.8 (previous year: EUR 1,001.3
million), while sales changed to EUR 1,047.8 million (previous year: EUR
944.5 million). The operating result (EBITDA) increased from EUR 99.3
million in the previous year to EUR 162.1 million. The operating EBITDA
margin thus rose to 13.7 % in the reporting period, compared to 9.9 % in the
previous year. EBIT improved to EUR 125.0 million, compared to EUR 63.2
million in the previous year. The corresponding EBIT margin increased
accordingly from 6.3 % in the same period of the previous year to 10.6 %. In
the past fiscal year, various effects (delayed order intake,
inflation-related cost increases, transaction costs and other non-recurring
effects), which had a negative impact on profitability, were more than
offset by the fair-value remeasurement of equity interests and financial
assets.
As in the previous year, the Management Board and Supervisory Board will
propose a dividend of EUR 0.60 per share for fiscal year 2023 to the Annual
General Meeting.
The voluntary public takeover offer by Orchid Lux HoldCo S.à r.l. is
progressing according to plan. At present, approvals for foreign direct
investments in 3 out of 10 countries are still pending.
In the SPACE SYSTEMS segment, OHB successfully asserted itself in the market
in the past fiscal year by joining the core team of the bidding consortium
for the future European telecommunications constellation IRIS2 and being
commissioned to lead a consortium for the development of an early warning
and tracking system for ballistic missiles. In other European countries,
Group companies took advantage of further growth opportunities in their
areas of expertise and national markets. The AEROSPACE segment will benefit
from the results of the ESA Space Summit held in November 2023, at which
decisions were taken to secure the autonomy and independence of European
access to space. These include measures in the Ariane program and the
opening of the institutional market for commercial launchers. In the DIGITAL
segment, further orders were generated, particularly in the application area
of Earth observation. In addition, the increased use of synergy effects
between the segment's Group companies continued in the past fiscal year.
The Group's firm order backlog remains at a good level and stood at EUR
1,749 million, (previous year: EUR 1,875 million) as of the balance sheet
date. The majority of the order backlog is represented by the SPACE SYSTEMS
segment with a value of EUR 1,455 million, the order backlog in the
AEROSPACE segment amounts to EUR 158 million and the DIGITAL reporting
segment has an order backlog amounting to EUR 135 million. These values
guarantee good planning security for the future.
The Management Board expects consolidated total revenues to increase to
between EUR 1,300 and 1,400 million in 2024. Adjusted for special effects in
both cases, the EBITDA margin and the EBIT margin should reach > 8.5 % and >
6.0 %, respectively.
OHB SE's complete 2023 consolidated financial statements will be presented
in detail at today's hybrid annual press conference in Bremen and the
subsequent virtual analyst conference.
Key performance indicators at a glance
in EUR 000 2020 2021 2022 2023 +/-
2022/202-
3
Revenues 880,319 905,001 944,520 1,047,796 +11 %
Total revenues 901,431 916,547 1,001,276 1,182,845 +18 %
EBITDA 77,024 83,618 99,282 162,119 +63 %
EBIT 41,634 47,021 63,196 125,022 +98 %
EBT 29,817 41,594 49,979 104,144 +108 %
Consolidated net 19,737 27,749 32,226 85,881 +166 %
profit
Share of OHB SE 20,869 27,498 32,242 71,287 +121 %
shareholders in net
profit for the period
Earnings per share*) 1.20 1.58 1.97 4.11 +109 %
in EUR
Dividend per share**) 0.43 0.48 0.60 0.60 0 %
in EUR
Cash and cash 91,968 96,618 106,110 141,126 +33 %
equivalents
*) from continuing operations attributable to the owners of the parent
company
**) 2023: Subject to approval by the shareholders
Contact:
Media representatives:
Marianne Radel
Corporate Communications
Phone: +49 421 2020 9159
Email: marianne.radel@ohb.de
Investors and analysts:
Marcel Dietz
Investor Relations
Phone: +49 421 2020 6426
Email: ir@ohb.de
---------------------------------------------------------------------------
23.04.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
---------------------------------------------------------------------------
Language: English
Company: OHB SE
Manfred-Fuchs-Platz 2-4
28359 Bremen
Germany
Phone: +49 421 2020 8
E-mail: info@ohb.de
Internet: www.ohb.de
ISIN: DE0005936124
WKN: 593612
Listed: Regulated Market in Frankfurt (Prime Standard);
Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1886229
End of News EQS News Service
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1886229 23.04.2024 CET/CEST
| Name | WKN | Börse | Kurs | Datum/Zeit | Diff. | Diff. % | Geld | Brief | Erster | Schluss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
OHB SE O.N. | 593612 | Xetra | 43,100 | 13.05.24 17:42:39 | -0,200 | -0,46% | 43,100 | 43,600 | 43,100 | 43,100 |
