Slide 1: Three-month results 2015 Analysts' conference call
OHB SE Marco Fuchs, CEO May 13, 2015, Bremen Three-month results 2015 Analysts’ conference call
Slide 2: Recent business highlights
Highlights 2015 Analysts’ conference call 3M/2015 | Marco Fuchs Page 2 Recent business highlights Successful launch of the Galileo FOC* satellites “Adam and Anastasia” on March 27 OHB AG converted into OHB SE OHB completed integration of “Hispasat Advanced Generation 1” Successful TEXUS-51 Mission i
Slide 3: Project update Galileo
Highlights 2015 Analysts’ conference call 3M/2015 | Marco Fuchs Page 3 Project update Galileo The Galileo satellite navigation system now has eight satellites in orbit (4 FOC satellites from OHB) Latest launch: Galileo 7 & 8 lifted off on March 27 from Europe’s Spaceport in French Guiana on top of a
Slide 4: Project update Galileo
Highlights 2015 Analysts’ conference call 3M/2015 | Marco Fuchs Page 4 Project update Galileo Four more satellites are in testing or final integration and scheduled for launch later this year As set by the European Commission, the objective is to deliver a package of Initial Services, including a fr
Slide 5: 3M/2015 results / EUR million
Financials 3M/2015 Analysts’ conference call 3M/2015 | Marco Fuchs Page 5 3M/2015 results* / EUR million Total revenues EBITDA EBIT 208 144 153 126 14.5 12.6 10.4 10.8 10.4 8.9 6.6 7.8 3M/2012 3M/2013 3M/2014 3M/2015 3M/2012 3M/2013 3M/2014 3M/2015 3M/2012 3M/2013 3M/2014 3M/2015 +14% +45% -26% -18%
Slide 6: The Group in brief 3M/2015 / EUR (000)
Financials 3M/2015 Analysts’ conference call 3M/2015 | Marco Fuchs Page 6 The Group in brief 3M/2015 / EUR (000) 3M/2014 3M/2015 ∆ Order backlog (March 31) 2,246,089 2,045,957 -9% Total revenues 207,860 153,249 -26% EBITDA 14,485 10,750 -26% EBIT 10,435 7,786 -25% EBT 8,754 7,215 -18% Net profit aft
Slide 7: Cash Flow / EUR (000)
Financials 3M/2015 Analysts’ conference call 3M/2015 | Marco Fuchs Page 7 Cash Flow / EUR (000) 3M/2014 3M/2015 Net inflow/outflow of funds from operating activities 4,686 -11,774 Net outflow of funds due to investment activities -4,761 -908 Net outflow/inflow of funds for financing activities -686
Slide 8: Assets / EUR (000)
Financials 3M/2015 Analysts’ conference call 3M/2015 | Marco Fuchs Page 8 Assets / EUR (000) 12/31/2014 03/31/2015 ∆ Non-current assets 151,808 153,970 +2,162 Property, plant and equipment 54,270 53,708 -562 Other financial assets 23,539 23,897 +358 Other intangible assets 48,278 50,915 +2,637 Other
Slide 9: Shareholder's equity and liabilities / EUR (000)
Financials 3M/2015 Analysts’ conference call 3M/2015 | Marco Fuchs Page 9 Shareholder’s equity and liabilities / EUR (000) 12/31/2014 03/31/2015 ∆ Equity 147,199 152,194 +4,995 Non-current liabilities and 124,548 133,017 +8,469 provisions Provisions for pensions 96,974 96,702 -272 Deferred tax liabi
Slide 10: 3M/2015 – Space Systems / EUR million
Financials 3M/2015 Analysts’ conference call 3M/2015 | Marco Fuchs Page 10 3M/2015 – Space Systems / EUR million Total revenues EBITDA EBIT 151 118 93 9.5 7.8 7.5 7.4 6.9 76 6.1 5.4 5.7 3M/2012 3M/2013 3M/2014 3M/2015 3M/2012 3M/2013 3M/2014 3M/2015 3M/2012 3M/2013 3M/2014 3M/2015 +22% +63% -22% -10
Slide 11: 3M/2015 – Aerospace + Industrial Products / EUR million
Financials 3M/2015 Analysts’ conference call 3M/2015 | Marco Fuchs Page 11 3M/2015 – Aerospace + Industrial Products* / EUR million Total revenues EBITDA EBIT 58 53 53 36 4.8 5.1 3.4 3.1 3.0 2.8 1.9 1.1 3M/2012 3M/2013 3M/2014 3M/2015 3M/2012 3M/2013 3M/2014 3M/2015 3M/2012 3M/2013 3M/2014 3M/2015 +
Slide 12: Guidance 2015
Guidance 2015 Analysts’ conference call 3M/2015 | Marco Fuchs Page 12 Guidance 2015 EUR million Total revenues EBITDA EBIT 773 >800 700 633 46 53 53 >53 36 40 >40 31 2012 2013 2014 2015G 2012 2013 2014 2015G 2012 2013 2014 2015G +11% +10% +3% +15% +0% +0% +16% +11% +0% OHB AG
Slide 13: Shareholder's structure
Appendix Analysts’ conference call 3M/2015 | Marco Fuchs Page 13 Shareholder’s structure As of May 13, 2015 Total issued capital: 17,468,096 shares Treasury Stock | 80,496 shares 0.46 % Fuchs Pool | 12,178,720 shares 69.72 % Free Float | 5,208,880 shares 29.82 % OHB AG
Slide 14: The stock at a glance / EUR
Appendix Analysts’ conference call 3M/2015 | Marco Fuchs Page 14 The stock at a glance / EUR 3M/2014 3M/2015 High, Xetra 21.42 23.60 Low, Xetra 17.45 19.25 Closing price, Xetra 20.20 21.20 Average daily trading volumes (Xetra + floor) 20.460 13.013 Market capitalization, Xetra 353 million 370 millio
Slide 15: Analysts' ratings
Appendix Analysts’ conference call 3M/2015 | Marco Fuchs Page 15 Analysts’ ratings Date Institute Price Target Recommendation May 2015 WGZ Bank 25.00 Buy April 2015 HSBC Trinkaus & Burkhardt 22.00 Hold February 2015 DZ Bank 24.00 Buy November 2014 Commerzbank 22.00 Hold February 2014 Bankhaus Lampe
Slide 16: Financial calendar 2015
Appendix Analysts’ conference call 3M/2015 | Marco Fuchs Page 16 Financial calendar 2015 May 13, 2015 Three-month report / conference call May 21, 2015 Annual general meeting August 13, 2015 Half-year report / conference call November 11, 2015 Nine-month report / conference call OHB AG
Slide 17: Contact
Contact Analysts’ conference call 3M/2015 | Marco Fuchs Page 17 Contact CEO Marco R. Fuchs +49-421-2020-664 marco.fuchs@ohb.de IR Martina Lilienthal +49-421-2020-720 martina.lilienthal@ohb.de ir@ohb.de +49-421-2020-613 ohb.de OHB SE Karl-Ferdinand-Braun-Straße 8 28359 Bremen GERMANY OHB AG