Slide 1: Nine-Month 2009 Results Analysts' Conference Call
Nine-Month 2009 Results Analysts’ Conference Call November 10, 2009 OHB Technology AG | Bremen | November 10, 2009 Page 1
Slide 2: Highlights in the first nine months 2009
HIGHLIGHTS Highlights in the first nine months 2009 Total revenues for the first nine months 2009 increased by 18 % to EUR 210 million EBIT reached EUR 13.4 million and EPS 38 Cent Order Backlog with EUR 809 million on high level (without Carlo Gavazzi Space) Acquisition of Carlo Gavazzi Spa
Slide 3: Group P&L Q3/2009 at a glance
GROUP P&L Q3/2009 AT A GLANCE The Group in brief (EUR 000) Q3/2008 Q3/2009 Δ Total revenues 61,200 74,997 +23% EBITDA 7,533 7,618 +1% EBIT 5,400 5,585 +3% EBT 3,975 4,418 +11% Net profit 2,072 2,387 +15% EPS (EUR) 0.14 0.16 +14% EPS fully diluted (EUR) 0.14 0.16 +14% OHB Technology AG | Bremen | Nov
Slide 4: Group P&L Q1-Q3/2009 at a glance
GROUP P&L Q1-Q3/2009 AT A GLANCE The Group in brief (EUR 000) Q1-Q3/2008 Q1-Q3/2009 Δ Total revenues 178,209 210,481 +18% EBITDA 21,361 20,016 -6% EBIT 14,929 13,398 -10% EBT 12,047 10,132 -16% Net profit 7,059 5,592 -21% EPS (EUR) 0.48 0.38 -21% EPS fully diluted (EUR) 0.48 0.38 -21% OHB Technology
Slide 5: Segment reporting Q1-Q3/2009
SEGMENT REPORTING Q1-Q3/2009 Segment reporting nine months (EUR 000) Total revenues EBITDA EBIT Space Systems (10.4%) + Security (6.0%) Payloads (4.5%) + Science (4.5%) (8.8%) Space Transportation + Aerospace Structures (7.0%) (3.6%) Telematics (2.8%) + Satellite Operations 9M/2008 9M/2009 OHB Techn
Slide 6: Balance sheet September 30, 2009: Assets
BALANCE SHEET SEPTEMER 30, 2009 Assets (EUR 000) 12/31/2008 09/30/2009 Δ Total Non-current assets 97,415 103,448 +6,033 - Property, plant and equipment 39,806 43,037 +3,231 - Other financial assets 8,315 9,863 +1,548 - Long-term securities 6,514 6,514 0 Current Assets 230,689 245,684 +14,995 - Inven
Slide 7: Balance sheet September 30, 2009: Equity and liabilities
BALANCE SHEET SEPTEMBER 30, 2009 Shareholders‘ equity and liabilities (EUR 000) 12/31/2008 09/30/2009 Δ Total Equity 81,362 85,258 +3,896 Non-current liabilities 125,010 136,012 +11,002 and provisions - Provisions for pensions 68,584 69,638 +1,054 - Non-current advance payments 37,831 48,398 +10,567
Slide 8: Cash flow statement Q1-Q3/2009
CASH FLOW STATEMENT Q1-Q3/2009 Cash flow statement (EUR 000) 9M/2008 9M/2009 Net outflow/inflow of funds from operating activities -9,080 11,999 Net outflow of funds due to investment activities -3,469 -8,088 Net outflow of funds for financing activities -5,458 -10,094 Change in liquid funds -18,007
Slide 9: Outlook 2009: Guidance Group 2009E
OUTLOOK 2009 Guidance Group 2009E (in EUR million) ~ 300 260 ~ 31 28.7 223 25.9 ~ 21 18.7 17.5 2007 2008 2009e 2007 2008 2009e 2007 2008 2009e Total revenues EBITDA EBIT OHB Technology AG | Bremen | November 10, 2009 Page 9
Slide 10: Segment reporting 9M/2009
BACKUP Segment reporting 9M/2009 (EUR 000) Space Systems Payloads Space Telematics Holding Consolidation Group + Security + Science Transportation + Satellite Total + Aerospace Operations Structures 9M/2008 9M/2009 9M/2008 9M/2009 9M2008 9M/2009 9M/2008 9M/2009 9M/2008 9M/2009 9M/2008 9M/2009 9M/200
Slide 11: The stock at a glance
BACKUP The stock at a glance 9M/2008 9M/2009 High, Xetra 13.92 9.51 Low, Xetra 7.00 5.85 Closing price, Xetra (Sep 30) 7.40 8.91 Average daily trading volumes 8,269 10,391 (Xetra + floor) Market capitalization, Xetra (Sep 30) 110,467,910 155,640,735* Number of shares 14,928,096 17,468,096* * After c
Slide 12: OHB share price 2009 (relative performance)
BACKUP OHB share price 2009 (relative performance) Status: Oct 30, 2009, EUR 8.71 in % January February March April May June July Aug Sep Oct 2009 OHB Technology AG | Bremen | November 10, 2009 Page 12
Slide 13: New shareholders' structure
BACKUP New shareholders’ structure*) 69.7 % 30.3 % Free float including 66,954 treasury shares Total issued capital: 17,468,096 shares Free float: ~ 5.3 million shares *) After capital increase as of September 30, 2009 OHB Technology AG | Bremen | November 10, 2009 Page 13
Slide 14: New business structure of OHB Group
BACKUP New business structure of OHB Group Space Systems Payloads Space Space Transportation Telematics + Security + Science International + Aerospace Structures + Satellite Operations OHB–System Kayser-Threde Carlo Gavazzi Space MT Aerospace OHB Teledata Bremen Munich Milan, Italy Augsburg Bremen (
Slide 15: Calendar of events 2009/2010
BACKUP Calendar of events 2009/2010 Events Date Nine-month report / conference call November 10, 2009 Analysts’ presentation November 11, 2009 German Equity Forum, Frankfurt/Main Capital Market Day, Milan, Italy February 10, 2010 Annual report / annual accounts press conference, March 18, 2010 Breme
Slide 16: Analyst ratings
BACKUP Analyst ratings Date Institute Price Target Recommendation November 2009 Commerzbank EUR 11.00 Buy August 2009 VISCARDI EUR 12.00 Buy HSBC Trinkaus & August 2009 EUR 11.50 Overweight Burkhardt August 2009 Sal. Oppenheim EUR 9.80 Buy August 2009 DZ BANK EUR 10.00 Buy OHB Technology AG | Bremen
Slide 17: Contact
Contact CEO Marco R. Fuchs +49-421-2020-664 IRO Michael Vér +49-421-2020-727 http://www.ohb-technology.de E-Mail: ir@ohb-technology.de Fax: +49-421-2020-613 OHB Technology AG | Bremen | November 10, 2009 Page 17