Slide 1: Nine-Month 2010 Results Analysts' Conference Call
Nine-Month 2010 Results Analysts’ Conference Call November 9, 2010
Slide 2: Highlights in the first nine months 2010
HIGHLIGHTS 9M/2010 Highlights in the first nine months 2010 Total revenues for the first nine months 2010 increased by 52 % to EUR 319 million Operating O ti profit fit (EBITDA) came tot EUR 21.8 21 8 million illi (previous year EUR 20.0 million) EBIT of EUR 14.1 million and EPS of 56 Cent O
Slide 3: The Group in brief Q3/2010
FINANCIALS 9M/2010 The Group in brief Q3/2010 (EUR 000) Q3/2010 Q3/2009 Δ Order backlog (September 30) 1 254 074 1,254,074 809 671 809,671 +55% Total revenues 126,884 74,997 +69% EBITDA 7,503 03 7,618 618 -2% 2% EBIT 4,969 5,585 -11% EBT 6,682 4,418 +51% Net profit after minorities 6,149 2,387 +158%
Slide 4: The Group in brief 9M/2010
FINANCIALS 9M/2010 The Group in brief 9M/2010 (EUR 000) 9M/2010 9M/2009 Δ Order backlog (September 30) 1 254 074 1,254,074 809 671 809,671 +55% Total revenues 319,466 210,481 +52% EBITDA 21 80 21,807 20 016 20,016 +9% 9% EBIT 14,116 13,398 +5% EBT 12,306 10,132 +21% Net profit after minorities 9,779
Slide 5: Cash Flow
FINANCIALS 9M/2010 Cash Flow (EUR 000) 9M/2010 9M/2009 Net inflow of funds from operating activities 6 583 6,583 11 999 11,999 Net outflow of funds due to investment activities -14,776 -8,088 N t outflow Net tfl off funds f d for f financing fi i activities ti iti -3,263 3 263 -10,094 10 094 Change
Slide 6: Assets
FINANCIALS 9M/2010 Assets (EUR 000) 09/30/2010 12/31/2009 Δ Non-current assets 115,303 114,296 +1,007 - Property, plant and equipment 53,106 53,785 -679 - Other financial assets 8,972 10,039 -1,067 - Long-term securities 5,236 5,171 +65 - others 47,989 45,301 +2,688 C Current tAAssets t 381 168 381,
Slide 7: Shareholders' equity and liabilities
FINANCIALS 9M/2010 Shareholders‘ equity and liabilities (EUR 000) 09/30/2010 12/31/2009 Δ q y Equity 101,756 , 98,125 , 3,631 +3,631 Non-current liabilities 188,824 156,243 +32,581 and provisions - Provisions P i i ffor pensions i 74 005 74,005 71 568 71,568 +2,437 2 437 - Non-current advance paymen
Slide 8: Balance sheet structure
FINANCIALS 9M/2010 Balance sheet structure (in percentage of total assets) Total assets 9M/2010: EUR 496 million Non-current Equity assets 23% 20% Current assets Non-current liabilities and 38% provisions thereof advance thereof 77% Current payments securities liabilities and cash 42% 30% 15% Assets
Slide 9: 9M/2010 – Space Systems + Security
FINANCIALS 9M/2010 9M/2010 – Space Systems + Security Total revenues EBITDA EBIT (EUR million) (EUR million) (EUR million) 7.2 5.6 148.2 4.4 2.9 53.8 9M/2009 9M/2010 9M/2009 9M/2010 9M/2009 9M/2010 OHB Technology AG | November 9, 2010 | Page 9
Slide 10: 9M/2010 – Payloads + Science
FINANCIALS 9M/2010 9M/2010 – Payloads + Science Total revenues EBITDA EBIT (EUR million) (EUR million) (EUR million) 52.9 3.6 2.4 40.3 2.6 1.8 9M/2009 9M/2010 9M/2009 9M/2010 9M/2009 9M/2010 OHB Technology AG | November 9, 2010 | Page 10
Slide 11: 9M/2010 – Space International
FINANCIALS 9M/2010 9M/2010 – Space International Total revenues EBITDA EBIT (EUR million) (EUR million) (EUR million) 35.1 3.2 2.0 2.4 0.5 0.5 9M/2009 9M/2010 9M/2009 9M/2010 9M/2009 9M/2010 In 2009 LUXSPACE only , in 2010 LUXSPACE and Carlo Gavazzi Space (Q3/2010 incl. Antwerp Space) OHB Technology
Slide 12: 9M/2010 – Space Transportation + Aerospace Structures
FINANCIALS 9M/2010 9M/2010 – Space Transportation + Aerospace Structures Total revenues EBITDA EBIT (EUR million) (EUR million) (EUR million) 104.3 96.9 10.2 7.3 3.8 0.8 9M/2009 9M/2010 9M/2009 9M/2010 9M/2009 9M/2010 OHB Technology AG | November 9, 2010 | Page 12
Slide 13: 9M/2010 – Telematics + Satellite Operations
FINANCIALS 9M/2010 9M/2010 – Telematics + Satellite Operations Total revenues EBITDA EBIT (EUR million) (EUR million) (EUR million) 11.2 10.7 1.2 1.0 0.3 0.013 9M/2009 9M/2010 9M/2009 9M/2010 9M/2009 9M/2010 OHB Technology AG | November 9, 2010 | Page 13
Slide 14: Guidance Group 2010
OUTLOOK 2010 Guidance Group 2010 (in EUR million) Total revenues EBITDA EBIT (EUR million) (EUR million) (EUR million) 32- 32 31.7 35 420- 322 440 22- 20.8 24 2009 2010e 2009 2010e 2009 2010e OHB Technology AG | November 9, 2010 | Page 15
Slide 15: Outlook 2010 business units in detail
OUTLOOK 2010 Outlook 2010 business units in detail Space Systems + Security Galileo: satellite development Meteosat Third Generation (MTG): Kick-off expected in Q4 Payloads + Science EnMAP: E MAP satellite t llit d development l t/d delivery li simulation i l ti module d l Space International
Slide 16: Shareholders' structure
BACKUP Shareholders’ structure Status: 2010/09/30 T t l issued Total i d capital: it l 17,468,096 shares OHB Technology AG | November 9, 2010 | Page 17
Slide 17: The stock at a glance
BACKUP The stock at a glance EUR 9M/2010 9M/2009 High Xetra High, 18 34 18.34 9 51 9.51 Low, Xetra 11.50 5.85 Cl i price, Closing i X Xetra 14.70 8.91 Average daily trading volumes 53.548 10,391 (Xetra + floor) Market capitalization, Xetra 256,781,011 155,640,735 Number of shares 17,468,096 17,468,0
Slide 18: Analyst ratings
BACKUP Analyst ratings Date Institute Price Target Recommendation November 2010 DZ BANK EUR 17 17.00 00 Buy November 2010 Commerzbank EUR 20.00 Buy September 2010 VISCARDI EUR 22.00 Buy HSBC Trinkaus & March 2010 EUR 17.50 Neutral Burkhardt OHB Technology AG | November 9, 2010 | Page 19
Slide 19: Calendar of events 2010/2010
BACKUP Calendar of events 2010/2010 Events Date Nine-month report / conference call November 9 9, 2010 Analysts presentation November 23, 2010 Deutsches Eigenkapitalforum, Frankfurt/Main Capital Market Day February 10, 2011 Annual report / annual accounts press conference, Bremen March 16, 2011 Anal
Slide 20: OHB Group structure
BACKUP OHB Group structure After first-time consolidation of Antwerp Space N.V. 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
Slide 21: Contact
BACKUP Contact CEO Marco R. Fuchs +49-421-2020-664 IRO Michael Vér +49-421-2020-727 Internet: http://www.ohb-technology.de Email: ir@ohb-technology.de Fax: +49-421-2020-613 OHB Technology AG | November 9, 2010 | Page 22