Slide 1: Nine-Month Results 2011 Analysts' Conference Call
Conference Call 09/11/2011, Bremen Nine-Month Results 2011 Analysts’ Conference Call
Slide 2: Highlights 9M/2011
Highlights 9M/2011 Highlights Total revenues for the nine months 2011 increased by 15 % to around EUR 368 million Operating profit (EBITDA) came to 27.5 EUR million (previous year 21 21.88 EUR million) EBIT of EUR 16.4 million and EPS of 0.48 Cent Order Backlog with EUR 1.1 billion still on
Slide 3: 9M/2011 – The Group
Financials 9M/2011 9M/2011 – The Group Total revenues EBITDA EBIT (EUR million) (EUR million) (EUR million) 2 27.5 368 16.4 319 21.8 14.1 9M/2010 9M/2011 9M/2010 9M/2011 9M/2010 9M/2011 9M/2011: EBIT margin: 4.5% EBIT margin i off own added dd d value: l 6 6.8% 8% OHB AG / 9M Conference Call / N
Slide 4: The Group in brief 9M/2011
Financials 9M/2011 The Group in brief 9M/2011 The Group in brief 9M/2011/ EUR (000) 9M/2011 9M/2010 Δ Order backlog (September 30) 1,116,154 1,245,074 -10% Total revenues 367,511 319,466 +15% EBITDA 27,544 21,807 +26% EBIT 16,384 14,116 +16% EBT 10 801 10,801 12 306 12,306 -12% 12% Net profit after
Slide 5: Cash Flow
Financials 9M/2011 Cash Flow Cash flow statement 9M/2011/ EUR (000) 9M/2011 9M/2010 Net inflow of funds from operating activities 30,243 6,583 Net outflow of funds due to investment activities -2,690 -14,776 Net inflow/outflow of funds for financing activities 2,047 -3,263 Change in liquid funds 29,
Slide 6: Assets
Financials 9M/2011 Assets Assets / EUR (000) 9/30/2011 12/31/2010 Δ Non-current assets 136,865 120,058 +16,807 Property, plant and equipment 68,604 53,580 +15,024 Other financial assets 14,862 15,354 -492 Long-term securities 5,315 5,259 +56 Others 48,084 45,865 +2,219 Current Assets 447,870 346,338
Slide 7: Shareholders' equity and liabilities
Financials 9M/2011 Shareholders‘ equity and liabilities Shareholders‘ equity and liabilities / EUR (000) 9/30/2011 12/31/2010 Δ Equity 107,967 105,170 +2,797 Non-current liabilities and p provisions 212,153 , 191,195 , +20,958 , Provisions for pensions 83,258 74,292 +8,966 Non-current advance paymen
Slide 8: Balance sheet structure
Financials 9M/2011 Balance sheet structure (in percentage of total assets) Total assets 9/30/2011: EUR 585 million Non-current Equity assets 23% 19% Non-current Current assets liabilities and 36% provisions 77% Current liabilities 45% thereof 36% advance thereof 20% payments securities and cash Asse
Slide 9: 9M/2011 – Space Systems
Financials 9M/2011 9M/2011 – Space Systems Total revenues EBITDA EBIT (EUR million) (EUR million) (EUR million) 251 16.2 12.0 224 13.0 9.3 9M/2010 9M/2011 9M/2010 9M/2011 9M/2010 9M/2011 9M/2011: EBIT margin: 4.8% EBIT margin i off own added dd d value: l 8 8.7% 7% OHB AG / 9M Conference Call /
Slide 10: 9M/2011 – Aerospace + Industrial Products
Financials 9M/2011 9M/2011 – Aerospace + Industrial Products Total revenues EBITDA EBIT (EUR million) (EUR million) (EUR million) 138 9.5 2.5 108 4.8 0.8 9M/2010 9M/2011 9M/2010 9M/2011 9M/2010 9M/2011 9M/2011: EBIT margin: 1.8% EBIT margin i off own added dd d value: l 2 2.0% 0% OHB AG / 9M Con
Slide 11: Outlook 2011 business units in detail
Outlook 2011 Outlook 2011 business units in detail Space Systems Satellite developments in progress (Galileo, MTG, EnMAP, EDRS, SmallGEO) Galileo 2nd batch proposal to be prepared till December 1 1, 2011 Heinrich Hertz phase A/B1 proposal has been delivered; evaluation phase is going on Carb
Slide 12: Guidance Group 2011
Outlook 2011 Guidance Group 2011 Total revenues EBITDA EBIT (EUR million) (EUR million) (EUR million) >27 >41 <600 23 34 453 2010 2011e 2010 2011e 2010 2011e OHB AG / 9M Conference Call / November 9, 2011 Page 12
Slide 13: Business Units
Appendix Business Units As of 11/09/2011 OHB AG / 9M Conference Call / November 9, 2011 Page 13
Slide 14: Shareholders' structure
Appendix Shareholders’ structure As of 09/30/2011 OHB AG / 9M Conference Call / November 9, 2011 Page 14
Slide 15: The stock at a glance
Appendix The stock at a glance The stock at a glance / EUR 9M/2011 9M/2010 High, Xetra 17.45 18.34 Low, Xetra 8.25 11.40 Closing price, Xetra 10.80 14.70 Average daily trading volumes (Xetra + floor) 23,863 53,548 M k t capitalization, Market it li ti X t Xetra 189 million illi 257 million illi Numb
Slide 16: Analysts' ratings
Appendix Analysts’ ratings Analysts’ ratings Date Institute Price Target Recommendation HSBC Trinkaus September 2011 EUR 17.50 Overweight & Burkhardt Bankhaus September 2011 EUR 17.00 Buy Lampe September 2011 DZ Bank EUR 13.00 Buy September 2011 Commerzbank EUR 18 18.00 00 Buy September 2011 VISCARD
Slide 17: Calendar of events 2011/2012
Appendix Calendar of events 2011/2012 Calendar of events 2011 Event Date Analysts’ presentation November 22, 2011 Deutsches Eigenkapitalforum, Frankfurt/Main Capital Market Day February 8, 2012 OHB AG Headquarter, Bremen Annual report / annual accounts press conference, Bremen March 15, 2012 Analyst
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 / 9M Conference Call / November 9, 2011 Page 18