DGAP-News OHB AG: OHB AG announcing provisional unaudited figures for 2011 and providing preliminary guidance for 2012
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DGAP-News: OHB AG / Key word(s): Preliminary Results
OHB AG: OHB AG announcing provisional unaudited figures for 2011 and
providing preliminary guidance for 2012
08.02.2012 / 11:30
OHB AG announcing provisional unaudited figures for 2011 and providing
preliminary guidance for 2012
- Increase in provisional total revenues by 24 % to around EUR 560
million (previous year EUR 453 million)
- Increase in provisional EBITDA by 22 % to around EUR 41 million
(previous year EUR 33.7 million)
- Increase in provisional EBIT by 19 % to around EUR 27 million (previous
year EUR 22.7 million)
- Continued growth expected in 2012
Bremen, February 8, 2012. In keeping with its tradition, OHB AG (Prime
Standard, ISIN: DE0005936124) is publishing its provisional unaudited
figures for 2011 and providing preliminary guidance for 2012 at today´s 8th
Capital Market Day. The members of the Management Board and other experts
from various parts of the Group are meeting today with analysts, bank
representatives, investors and journalists to provide a more extensive view
of future projects, recent acquisitions and current trends in aviation and
space technology.
According to the provisional figures, total revenues rose by around 24% in
2011 to around EUR 560 million, up roughly EUR 107 million on the previous
year. At a preliminary figure of EUR 41 million, operating result EBITDA
will exceed the previous year´s figure by more than EUR 7 million. This
results in provisional EBIT of EUR 27 million, which is an increase of
about 19 %. These earnings match the earlier guidance given for 2011. The
earnings results were reached with total revenues of EUR 560 million
instead of EUR 600 million announced earlier.
The Management Board expects continued growth in 2012, with consolidated
total revenues in the OHB Group climbing again by some EUR 60 million to
more than EUR 620 million (growth of around 11%), underpinned by all
business units, whose total revenues will be up on 2011 levels. At over EUR
46 million (+12 %) and more than EUR 30 million (+11 %), respectively,
EBITDA and EBIT will also be up on the previous year in 2012.
OHB AG´s full audited consolidated financial statements for 2011 will be
presented in detail at the upcoming annual press conference on March 15,
2012 in Bremen and at the analyst´s conference held afterwards on the same
day in Frankfurt / Main.
Contact:
Investor Relations
Michael Vér
Tel.: +49 421 - 2020-727
Fax: +49 421 - 2020-613
E-Mail: michael.ver@ohb.de
Corporate Communications
Steffen Leuthold
Tel.: +49 421 - 2020-620
Fax: +49 421 - 2020-9898
E-Mail: steffen.leuthold@ohb.de
End of Corporate News
08.02.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Language: English
Company: OHB AG
Karl-Ferdinand-Braun-Str. 8
28359 Bremen
Germany
Phone: +49 (0)421 2020 8
Fax: +49 (0)421 2020 613
E-mail: ir@ohb.de
Internet: www.ohb.de
ISIN: DE0005936124
WKN: 593612
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
155738 08.02.2012
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