Half-year earnings increased to 46 cents per share (previous year: 16 cents)
Total revenues of EUR 85.5 million considerably above the previous year (EUR 33.0 million)
Total revenues of the OHB Group after six months (OHB Technology AG, Prime Standard, ISIN: DE0005936124) of EUR 85.5 million exceeded the previous year’s level considerably (EUR 33.0 million, still excluding the integrated MT Aerospace AG). The rise in total revenues in the second quarter of 2006 to EUR 48.6 million (previous year: EUR 18.3 million excluding MT Aerospace) versus the first quarter 2006 of EUR 36.9 million is particularly noteworthy. EBIT amounted to EUR 12.0 million (previous year EUR 3.0 million), which results in earnings per share of 46 cents for the first half of 2006 (previous year 16 cents). Due to income of EUR 7.0 million through the takeover of a non-Group liability of an OHB Technology AG subsidiary, EBIT will be higher than the EUR 13-14 million previously expected.
Further information and details on the development of the company will be available in the interim report of the first half of 2006. This will be published on Thursday, 10 August 2006, on the web site at www.ohb-technology.de.