on OHB AG (ETR:OHB)
OHB AG Reports Strong Growth in Q1 2026 Financial Results
OHB AG has announced a significant rise in its financial performance for the first quarter of 2026. The company reported an adjusted EBITDA of EUR 27.3 million, marking a 37% increase compared to the previous year. The total operating performance reached EUR 279.3 million, reflecting a 15% growth year-over-year.
The order backlog of OHB AG reached EUR 3,354 million, a 45% increase. This surge was primarily fueled by a major contract from OHB Sweden AB worth EUR 248 million for the EPS-Sterna microsatellite constellation. Additionally, OHB's expertise leveraged from past projects continues to play a crucial role in its missions.
The company also founded the European Moonport Company to boost its lunar mission initiatives. The launch of Ariane 6’s powerful configuration also marked a milestone for the European space industry. As OHB's management board anticipates ongoing positive developments, the outlook remains promising.
R. E.
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