OHB AG Issues FY 2013 Revenue Guidance Above Analysts' Estimates; Issues FY 2013 EBITDA and EBIT Outlook In Line with Analysts' Estimates

OHB AG announced that its Management Board expects continued growth in the fiscal year 2013, with consolidated total revenues climbing by 13% to over EUR 700 million, equivalent to an increase of EUR 80 million compared with the fiscal year 2012. EBITDA (earnings before interest, taxes, depreciation and amortization) and EBIT (earnings before interest and taxes) are expected to be substantially up on the previous year in the fiscal year 2013. Thus, EBITDA should climb by 15% to more than EUR 53 million, with EBIT rising to more than EUR 36 million (up 20%). According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2013 revenue of EUR 661.90 million, fiscal year 2013 EBITDA of EUR 53.88 million and fiscal year 2013 EBIT of EUR 37.57 million.