Slide 1: Three-month results 2013 Analysts’ conference call
Conference Call May 15, 2013, Bremen Three-month results 2013 Analysts’ conference call
Slide 2: Financial highlights 3M/2013
3M/2013 Financial highlights 3M/2013 Total revenues up 14 % to a record level of EUR 143.6 million EBITDA reaches EUR 10.4 million (previous year: EUR 12.6 million) EBIT comes up to EUR 6.6 million (previous year: EUR 8.9 million) Firm order book continuously on high level at EUR 1.6 billion (previo
Slide 3: Business highlights (January – May 2013)
3M/2013 Business highlights (January – May 2013) ALMA observatory officially inaugurated (MT Mechatronics) First Galileo-FOC satellite send to ESA Test Centre (OHB System) For the Mission OPSIS the Intermediate Design Review is closed (CGS) Aerotech Peissenberg signed new frame contract worth EUR 50
Slide 4: 3M/2013 results
3M/2013 3M/2013 results Total revenues EBITDA EBIT (EUR million) (EUR million) (EUR million) 144 126 120 12.6 10.4 8.8 8.9 5.8 6.6 3M/2011 3M/2012 3M/2013 3M/2011 3M/2012 3M/2013 3M/2011 3M/2012 3M/2013 +5% +14% +43% -17% +53% -26% OHB AG / Conference Call / May 15, 2013 Page 4
Slide 5: The Group in brief 3M/2013
3M/2013 The Group in brief 3M/2013 The Group in brief 3M/2013 / EUR (000) 3M/2013 3M/2012 ∆ Order backlog (March 31) 1,559 1,246 +25% Total revenues 143,625 126,372 +14% EBITDA 10,365 12,631 -18% EBIT 6,562 8,892 -26% EBT 5,231 7,498 -30% Net profit after minorities 3,362 4,308 -22% EPS (EUR) 0.19 0
Slide 6: Cash Flow
3M/2013 Cash Flow Cash flow statement 3M/2013 / EUR (000) 3M/2013 3M/2012 Net inflow/outflow of funds from operating activities -3,054 74,962 Net outflow of funds due to investment activities -2,222 -2,725 Net outflow/inflow of funds for financing activities 7,188 -3,285 Change in liquid funds 1,912
Slide 7: Assets
3M/2013 Assets Assets / EUR (000) 3/31/2013 12/31/2012 ∆ Non-current assets 150,224 150,778 -0,554 Property, plant and equipment 70,202 70,776 -0,574 Other financial assets 20,811 17,966 +2,845 Long-term securities 1,571 5,418 -3,847 Others 57,640 56,618 +1,022 Current Assets 391,212 387,980 +3,232
Slide 8: Shareholders‘ equity and liabilities
3M/2013 Shareholders‘ equity and liabilities Shareholders‘ equity and liabilities / EUR (000) 3/31/2013 12/31/2012 ∆ Equity 123,046 117,358 +5,688 Non-current liabilities and provisions 183,384 186,719 -3,335 Provisions for pensions 92,984 92,811 +0,173 Non-current advance payments 25,993 32,316 -6,
Slide 9: 3M/2013 – Space Systems
3M/2013 3M/2013 – Space Systems Total revenues EBITDA EBIT (EUR million) (EUR million) (EUR million) 92.6 75.7 7.8 6.9 6.1 5.4 3M/2012 3M/2013 3M/2012 3M/2013 3M/2012 3M/2013 3M/2013: EBIT margin: 5.9% (previous year 8.1%) EBIT margin of own added value: 12.3% (previous year 14.1%) OHB AG / Conferen
Slide 10: 3M/2013 – Aerospace + Industrial Products
3M/2013 3M/2013 – Aerospace + Industrial Products Total revenues EBITDA EBIT (EUR million) (EUR million) (EUR million) 52.5 52.9 4.8 3.4 2.8 1.1 3M/2012 3M/2013 3M/2012 3M/2013 3M/2012 3M/2013 3M/2013: EBIT margin: 2.1% (previous year 5.2%) EBIT margin of own added value: 2.3% (previous year 5.7%) O
Slide 11: Business Outlook 2013
Outlook 2013 Business Outlook 2013 Space Systems Delivery of first 4 of the 22 Galileo FOC-satellites under contract Close-out for MTG’s Preliminary Design Review Exomars 2016: Structure and thermal integration at OHB under progress Next phase in the Electra programme expected Proposal decision expe
Slide 12: Financial Outlook 2013 – Guidance from February 2013 confirmed
Outlook 2013 Financial Outlook 2013 – Guidance from February 2013 confirmed Total revenues EBITDA EBIT (EUR million) (EUR million) (EUR million) >700 633 555 >53 43 46 31 >36 27 2011 2012 2013G 2011 2012 2013G 2011 2012 2013G +14% +11% +7% +15% +15% +16% OHB AG / Conference Call / May 15, 2013 Page
Slide 13: Shareholders’ structure
Appendix Shareholders’ structure As of March 31, 2013 0.46% 29.82% 69.72% Fuchs Pool (12,178,720 shares) Free Float (5,208,880 shares) Treasury Stock (80,496 shares) OHB AG / Conference Call / May 15, 2013 Page 13
Slide 14: The stock at a glance
Appendix The stock at a glance The stock at a glance / EUR 3M/2013 3M/2012 High, Xetra 17.20 14.60 Low, Xetra 14.76 11.16 Closing price, Xetra 16.975 13.46 Average daily trading volumes (Xetra + floor) 13,006 12,920 Market capitalization, Xetra 297 million 235 million Number of shares 17,468,096 17,
Slide 15: Analysts’ ratings
Appendix Analysts’ ratings Analysts’ ratings Date Institute Price Target Recommendation May 2013 Commerzbank EUR 20.00 Buy March 2013 WGZ BANK EUR 19.50 Buy HSBC Trinkaus & February 2013 EUR 19.50 Overweight Burkhardt February 2013 Bankhaus Lampe EUR 20.00 Buy February 2013 DZ BANK EUR 20.00 Buy OHB
Slide 16: Financial calendar 2013
APPEN DIX Financial calendar 2013 May 15 Three-month report / conference call May 23 Annual General Meeting, Bremen August 14 Half-year report / conference call November 11 Nine-month report / conference call November 11-13 Analysts‘ presentation Deutsches Eigenkapitalforum, Frankfurt/Main OHB AG /
Slide 17: Contact
C O N TA C T Contact CEO Marco R. Fuchs +49-421-2020-664 IR Martina Lilienthal +49-421-2020-720 ir@ohb.de +49-421-2020-613 ohb.de OHB AG / Conference Call / May 15, 2013 Page 17