Slide 1: Three-Month Results 2012 Analysts' Conference Call
Conference Call 16/05/2012, Bremen Three-Month Results 2012 Analysts’ Conference Call
Slide 2: Financial highlights
Highlights 3M/2012 Financial highlights Total revenues for the three months 2012 increased to around EUR 126 million (previous year EUR 120 Mio.) Operating profit (EBITDA) came to EUR 12.6 million (previous year EUR 8.8 million) EBIT of EUR 8.9 million (previous year EUR 5.8 million) and EPS o
Slide 3: Business highlights
Highlights 3M/2012 Business highlights OHB System and ESA signed contract for further eight Galileo FOC (full operational capability) navigation satellites (volume: EUR 256 million) OHB and Thales Alenia Space signed Meteosat Third Generation contracts worth EUR 750 million Contract signed by
Slide 4: 3M/2012 – The Group
Financials 3M/2012 3M/2012 – The Group Total revenues EBITDA EBIT (EUR million) (EUR million) (EUR million) 120 126 12.6 8.8 8.9 5.8 3M/2011 3M/2012 3M/2011 3M/2012 3M/2011 3M/2012 3M/2012: EBIT margin: 7.0% (previous year 4.9%) EBIT margin i off own added dd d value: l 9 9.7% 7% (( ((previous i
Slide 5: The Group in brief 3M/2012
Financials 3M/2012 The Group in brief 3M/2012 The Group in brief 3M/2012 / EUR (000) 3M/2012 3M/2011 Δ Order backlog (March 31) 1,245,684 1,214,150 +3% Total revenues 126,372 119,822 +5% EBITDA 12,624 8,827 +43% EBIT 8,885 5,822 +53% EBT 7 491 7,491 5 247 5,247 +43% Net profit after minorities 4,301
Slide 6: Cash Flow
Financials 3M/2012 Cash Flow Cash flow statement 3M/2012 / EUR (000) 3M/2012 3M/2011 Net inflow/outflow of funds from operating activities 74,962 -38,537 Net outflow of funds due to investment activities -2,725 -11,142 Net outflow/inflow of funds for financing activities -3,285 7,713 Change in liqui
Slide 7: Assets
Financials 3M/2012 Assets Assets / EUR (000) 3/31/2012 12/31/2011 Δ Non-current assets 142,609 140,537 2,072 Property, plant and equipment 68,313 68,707 -394 Other financial assets , 17,769 15,793 , , 1,976 Long-term securities 5,356 5,334 22 Others 51,171 50,703 468 Current Assets 469,832 387,702 8
Slide 8: Shareholders' equity and liabilities
Financials 3M/2012 Shareholders‘ equity and liabilities Shareholders‘ equity and liabilities / EUR (000) 3/31/2012 12/31/2011 Δ Equity 119,640 113,577 6,063 Non-current liabilities and p provisions 205,736 , 208,624 , -2,888 , Provisions for pensions 82,235 81,676 559 Non-current advance payments 64
Slide 9: Q1/2012 – Space Systems
Financials 3M/2012 Q1/2012 – Space Systems Total revenues EBITDA EBIT (EUR million) (EUR million) (EUR million) 80.9 75.7 62 6.2 7.8 61 6.1 50 5.0 3M/2011 3M/2012 3M/2011 3M/2012 3M/2011 3M/2012 3M/2012: EBIT margin: 8.1% (previous year 6.1%) EBIT margin i off own added dd d value: l 14 14.1% 1%
Slide 10: Q1/2012 – Aerospace + Industrial Products
Financials 3M/2012 Q1/2012 – Aerospace + Industrial Products Total revenues EBITDA EBIT (EUR million) (EUR million) (EUR million) 52.5 40.3 4.8 26 2.6 28 2.8 0.9 3M/2011 3M/2012 3M/2011 3M/2012 3M/2011 3M/2012 3M/2012: EBIT margin: 5.2% (previous year 2.2%) EBIT margin i off own added dd d value
Slide 11: Outlook 2012 business units in detail
Outlook 2012 Outlook 2012 business units in detail Space Systems Satellite developments in progress (Galileo, MTG, EnMAP, EDRS, SmallGEO) Heinrich Hertz phase A/B1 started CarbonSat phase B1 kick-off started Proposal delivery SAR Lupe Follow-On Aerospace + Industrial Products Seven Ariane
Slide 12: Guidance Group 2012
Outlook 2012 Guidance Group 2012 Total revenues EBITDA EBIT (EUR million) (EUR million) (EUR million) >620 555 >46 43 >30 30 27 2011 2012E 2011 2012E 2011 2012E Guidance from February 2012 confirmed OHB AG / Conference Call / May 16, 2012 12
Slide 13: Business Units
Appendix Business Units As of May 2012 OHB AG / Conference Call / May 16, 2012 Page 13
Slide 14: Shareholders' structure
Appendix Shareholders’ structure As of 03/31/2012 OHB AG / Conference Call / May 16, 2012 Page 14
Slide 15: The stock at a glance
Appendix The stock at a glance The stock at a glance / EUR 3M/2012 3M/2011 High, Xetra 14.60 17.45 Low, Xetra 11.16 10.82 Closing price, Xetra 13.46 13.10 Average daily trading volumes (Xetra + floor) 12,920 36,194 M k t capitalization, Market it li ti X t Xetra 235 million illi 229 million illi Num
Slide 16: Analysts' ratings
Appendix Analysts’ ratings Analysts’ ratings Date Institute Price Target Recommendation May 2012 Bankhaus Lampe EUR 17.00 Buy April 2012 WestLB - Neutral March 2012 WGZ BANK EUR 17.40 Buy March 2012 DZ BANK EUR 16.00 Buy HSBC Trinkaus & February 2012 EUR 16.00 Overweight Burkhardt February 2012 Comm
Slide 17: Calendar of events 2012
Appendix Calendar of events 2012 Calendar of events 2012 Event Date Three-month report / conference call May 16, 2012 Annual general meeting May 16, 2012 Half-year report / conference call August 9, 2012 Commerzbank Sector Conference Week, Frankfurt/Main August 31, 2012 UniCredit German Investment C
Slide 18: Contact
Contact Contact CEO Marco R. Fuchs +49-421-2020-664 IRO Michael Vér +49-421-2020-727 Email: ir@ohb.de Internet: http://www.ohb.de Fax: +49-421-2020-613 OHB AG / Conference Call / May 16, 2012 Page 18