Ohb Se · XETR:OHB
Ohb — Investor Presentation (April 2026)
23 slides from Ohb's investor presentation, April 2026
Slide 1: Company Presentation
COMPANY PRESENTATION April 2026 We.Create.Space
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared for information and background purposes only. It does not constitute or form part of, and should not be construed as, an offer of, a solicitation of an offer to buy, or an invitation to subscribe for, underwrite or otherwise acquire, any securities of O
Slide 3: A European Space Champion
A EUROPEAN SPACE CHAMPION EUROPE’S LEADING PURE-PLAY SPACE PRIME WITH OWNER-MANAGED LONG-TERM PERSPECTIVE SCALE & VISIBILITY PROFITABLE GROWTH End-to-End SCALE STRONG GROWTH Integrated solutions provider across entire Space value chain €1.2bn 21% FY25A Total Revenues(a) FY24A-FY25A Total Revenues gr
Slide 4: Continuous growth supported by long-term strategic horizon
CONTINUOUS GROWTH SUPPORTED BY LONG-TERM STRATEGIC HORIZON 1981 Christa Fuchs ownership 2001 IPO led by Marco Fuchs 2023 Partnership with KKR OHB then... OHB today... 20%+ Total Revenues CAGR (2001 – 2025)(a) (a) Based on historical data extracted from the Company's financial statements, which may n
Slide 5: OHB today: a scaled space company
OHB TODAY: A SCALED SPACE COMPANY 76% 13% 11% SPACE SYSTEMS ACCESS TO SPACE DIGITAL Satellite and spacecraft development, integration Germany’s leading industrial partner to Ariane, Ground systems and satellite operations, with and mission delivery across all domains, orbits provider of Spaceport se
Slide 6: A European space champion in the rapidly growing space economy
A EUROPEAN SPACE CHAMPION IN THE RAPIDLY GROWING SPACE ECONOMY 1 of 3 1 A European Europe’s leading pure-play Space prime with Large system integrators Space Champion strong German heritage in Europe for Space Systems 2 Structural Exposure to large end-markets with structural >€100bn / €1.5t Europea
Slide 7: Leveraging full value chain with high end-to-end integration
1 A European Space champion LEVERAGING FULL VALUE CHAIN WITH HIGH END-TO-END INTEGRATION Greater mission assurance / execution control Satellites Launch access Operations Downstream analytics Ability to integrate industry Satellite design, Launcher structures, Ground infrastructure, Data services, A
Slide 8: Space Systems is an upstream powerhouse in Europe
1 A European Space champion SPACE SYSTEMS IS AN UPSTREAM POWERHOUSE IN EUROPE Relevance across civil, dual-use and defense mission sets Earth Telecom Navigation Observation End-to-end Satellites Subsystems and systems equipment Science & Space Situational Defense Coverage across the upstream Space S
Slide 9: Critical contributor to Europe's sovereign access to space
1 A European Space champion CRITICAL CONTRIBUTOR TO EUROPE’S SOVEREIGN ACCESS TO SPACE Sovereign Access to Space has become a strategic priority for Europe and US(a) Launcher workshare Tier 1 supplier Constrained European launch capacity is increasing the of launcher importance of trusted launch ena
Slide 10: Digital is OHB's downstream business
1 A European Space champion DIGITAL IS OHB’S DOWNSTREAM BUSINESS WITH MISSION OPERATIONS, DATA APPLICATIONS, AND SOLUTIONS FOR CRITICAL INFRASTRUCTURE Broadens OHB’s end-to-end portfolio with Ground Geospatial Cyber ground solutions/mission operations, solutions analytics security downstream service
Slide 11: Space is expected to enter a long-cycle expansion
2 Structural market tailwinds SPACE IS EXPECTED TO ENTER A LONG-CYCLE EXPANSION 2030+ Commercial adoption & frontier applications Early lunar logistics, cislunar & 2025–2030 frontier applications, in-space services / industry, advanced orbital Acceleration of civil & infrastructure start of defense
Slide 12: OHB is positioned across today's priorities and tomorrow's growth verticals
2 Structural market tailwinds OHB IS POSITIONED ACROSS TODAY’S PRIORITIES AND TOMORROW’S MAJOR GROWTH VERTICALS Priority demand today Next-wave adjacencies Navigation, Secure Earth Observation & In-Orbit Exploration & Commercial comms & Connectivity(b) climate intelligence Services & Space Lunar, an
Slide 13: ESA, EU and national budgets are expanding institutional space funding
2 Structural market tailwinds ESA, EU AND NATIONAL BUDGETS ARE EXPANDING EUROPE’S INSTITUTIONAL SPACE FUNDING BACKDROP €22bn €35bn €131bn ESA 2026-2028 Germany 2026-2030 EU MFF 2028-2034 MC25 Budget Space Security Funding Space & Defense(a) 32% budget increase vs. MC22 Strategic shift in Germany’s a
Slide 14: MC25 ESA budget priorities align with OHB's program footprint
3 Clear right-to-win MC25 ESA BUDGET PRIORITIES ALIGN WITH OHB’S ESTABLISHED PROGRAM FOOTPRINT €16.9bn +32% €22.3bn €5.1bn MC22 Budget / ESA 2023-2025 MC25 Budget / ESA 2026-2028 Germany is the #1 contributor Human & Space Scientific Earth Connectivity & robotic Navigation Space safety Others(a) tra
Slide 15: German footprint and institutional track record support relevance
3 Clear right-to-win GERMAN FOOTPRINT AND INSTITUTIONAL TRACK RECORD SUPPORT RELEVANCE IN SOVEREIGNTY-LED PROCUREMENT Key purchasing criteria OHB proof points €35bn Sovereignty HQ / Strategic decisions in Germany Management board and ultimate decision potential allocation per considerations rights i
Slide 16: Germany's strategic shift reinforces a supportive home market
3 Clear right-to-win GERMANY’S STRATEGIC SHIFT REINFORCES A SUPPORTIVE HOME MARKET BACKDROP FOR OHB GERMANY’S MULTI-YEAR SPACE INVESTMENT PRIORITIES WHY THIS MATTERS FOR OHB ✓ ✓ ✓ Germany’s agenda is expanding across domains that are already relevant to OHB’s portfolio Strengthening the Expansion of
Slide 17: OHB's right-to-win: trusted on mission-critical programs
3 Clear right-to-win OHB’S RIGHT-TO-WIN: TRUSTED ON MISSION-CRITICAL PROGRAMS BY EUROPE’S KEY INSTITUTIONAL CUSTOMERS High-value, high-complexity programs in critical use cases …OHB’s deep institutional relationships span decades, are typically entrusted to proven partners… supporting repeat project
Slide 18: A broad European footprint with capacity expanding
4 Scaled operations A BROAD EUROPEAN FOOTPRINT WITH CAPACITY EXPANDING TO SUPPORT THE NEXT PHASE OF GROWTH 18 locations / 11 countries Additional sites Cleanroom production capacity located in Chile & with upgraded facilities Across key European Space hubs French Guiana Bremen expanded (2020) Kista,
Slide 19: Access to Space backed by industrial depth and launch readiness
4 Scaled operations ACCESS TO SPACE IS BACKED BY INDUSTRIAL DEPTH AND VISIBLE LAUNCH READINESS PROGRESS Scalable production and high-tech lean manufacturing RFA ONE launch vehicle in the SaxaVord integration hall – S1/S2 integrated, April 2026 Tangible industrial capability, combining precision manu
Slide 20: Leadership team with deep program execution experience
4 Scaled operations LEADERSHIP TEAM WITH DEEP PROGRAM EXECUTION EXPERIENCE Best-in-class and committed management team… …with proven and repeated execution 34+ 20+ 32+ 17+ ✓ Family-run leadership support This is continuity, good and a alignment long-term strategic horizon Marco R. Fuchs Dr. Tim Teck
Slide 21: Commercial momentum reinforcing strong growth potential
5 Attractive financial profile COMMERCIAL MOMENTUM REINFORCING STRONG GROWTH POTENTIAL Strong order intake elevates backlog Fast growing order backlog underpins strong revenue growth Order intake(a), in €bn Order backlog, in €bn Book-to-bill ratio(b) 0.9x 1.6x 1.7x 3,2 2,4 2,1 1,7 1,7 0,9 2023A 2024
Slide 22: Profitable and growth profile
5 Attractive financial profile PROFITABLE AND GROWTH PROFILE Revenue Growth Strong top-line to >€2bn growth byvisible already 2028 in FY25A EBITDA Expansion Adj. EBITDA Driven by Scale and Margin Uplift (c) / Adj. EBIT(d) improved by scale Total Revenues(a), in €m Adj. EBITDA and Adj. EBIT, in €m Ad
Slide 23: Growth story with resilient cash generation
5 Attractive financial profile GROWTH STORY WITH RESILIENT CASH GENERATION Long-term growth with limited sensitivity to broader macro cycles A track record of sustained profitability, cash 1.248 generation and capital returns to shareholders via dividends Business expansion predominantly funded thro