Slide 1: Three-Month 2010 Results Analysts' Conference Call
Three-Month 2010 Results Analysts’ Conference Call May 19, 2010
Slide 2: Highlights in the first three months 2010
HIGHLIGHTS Highlights in the first three months 2010 Total revenues for the first three months 2010 increased by 47 % to EUR 98 million Operating profit (EBITDA) topped EUR 7.6 million (previous year 7.3 million) EBIT of EUR 5.0 million and EPS of 14 Cent Order Backlog with EUR 1.4 billion s
Slide 3: The Group in brief
FINANCIALS The Group in brief (EUR 000) Q1/2009 Q1/2010 Δ Total revenues 66,593 97,717 +47 % EBITDA 7,285 7,594 +4 % EBIT 4,995 5,028 +1 % EBT 3,888 3,662 -6 % Net profit 2,161 2,383 +10 % EPS (EUR) 0.15 0.14 -7 % OHB Technology AG | May 19, 2010 Page 3
Slide 4: Segment reporting three months
SEGMENT REPORTING Q1/2010 Segment reporting three months (EUR 000) Total revenues EBITDA EBIT Space Systems 16,118 1,132 + Security 34,596 1,823 20,092 915 Payloads + Science 17,641 1,072 700 312 Space International* 12,026 695 Space Transportation 33,770 2,175 + Aerospace Structures 33,156 1,391 Te
Slide 5: Balance sheet March 31, 2010 - Assets
BALANCE SHEET MARCH 31, 2010 Assets (EUR 000) 12/31/2009 03/31/2010 Δ Total Non-current assets 114,296 114,308 +12 - Property, plant and equipment 53,785 53,688 -97 - Other financial assets 10,039 9,417 -622 - Long-term securities 5,171 5,193 +22 Current Assets 327,609 424,803 +97,194 - Inventories
Slide 6: Balance sheet March 31, 2010 - Shareholders' equity and liabilities
BALANCE SHEET MARCH 31, 2010 Shareholders‘ equity and liabilities (EUR 000) 12/31/2009 03/31/2010 Δ Total Equity 98,125 97,898 -227 Non-current liabilities 156,243 163,441 +7,198 and provisions - Provisions for pensions 71,568 72,023 +455 - Non-current advance payments 57,933 59,285 +1,352 Current l
Slide 7: Cash flow statement
FINANCIALS Cash flow statement (EUR 000) Q1/2009 Q1/2010 Net inflow of funds from operating activities 12,173 67,705 Net outflow of funds due to investment activities - 1,902 -21,209 Net outflow / inflow of funds for financing activities - 2,199 6,667 Change in liquid funds 8,072 53,163 Others - 11
Slide 8: Guidance Group 2010e
OUTLOOK 2010 Guidance Group 2010e (in EUR million) 420-440 322 32-35 31.7 260 28.7 22-24 20.8 18.7 2008 2009 2010e 2008 2009 2010e 2008 2009 2010e Total revenues EBITDA EBIT OHB Technology AG | May 19, 2010 Page 8
Slide 9: Outlook 2010 business units in detail
OUTLOOK 2010 Outlook 2010 business units in detail Space Systems + Security Galileo satellite development Meteosat Third Generation (MTG): Final project decision expected in H1/2010 Payloads + Science EnMAP: Critical Design Review MTG: Final project decision expected in H1/2010 Space Interna
Slide 10: 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 11: Segment reporting
BACKUP Segment reporting (EUR 000) Space Systems Payloads Space Space Telematics Holding Consolidation Group + Security + Science International Transportation + Satellite Total + Aerospace Operation Structures Q1/09 Q1/10 Q1/09 Q1/10 Q1/09 Q1/10 Q1/09 Q1/10 Q1/09 Q1/10 Q1/09 Q1/10 Q1/09 Q1/10 Q1/09
Slide 12: OHB share price 2010 (relative performance)
BACKUP OHB share price 2010 (relative performance) Status: April 30, 2010, EUR 14.05 Jan Feb Mar April 2010 OHB Technology AG | May 19, 2010 Page 12
Slide 13: The stock at a glance
BACKUP The stock at a glance EUR Q1/2009 Q1/2010 High, Xetra 7.75 18.34 Low, Xetra 5.85 11.40 Closing price (Xetra ) 7.35 15.13 Average daily trading volumes 5,584 105,577 (Xetra + floor) Market capitalization (Xetra) 110 million 264 million Number of shares 14,928,096 17,468,096 OHB Technology AG |
Slide 14: Shareholders' structure
BACKUP Shareholders’ structure Status: 2010/03/31 OHB Technology AG | May 19, 2010 Page 14
Slide 15: Analyst ratings
BACKUP Analyst ratings Date Institute Price Target Recommendation March 2010 Commerzbank EUR 20.00 Buy March 2010 DZ BANK EUR 19.00 Buy HSBC Trinkaus & March 2010 EUR 17.50 Neutral Burkhardt January 2010 VISCARDI EUR 20.00 Buy OHB Technology AG | May 19, 2010 Page 15
Slide 16: Calendar of events 2010
BACKUP Calendar of events 2010 Events Date Three-month report / conference call May 19, 2010 Annual general meeting, Bremen May 19, 2010 Half-year report / conference call August 11, 2010 Nine-month report / conference call November 9, 2010 Analysts’ presentation November 22-24, 2010 Deutsches Eigen
Slide 17: Contact
CONTACT 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 | May 19, 2010 Page 17