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Home » OHB SE Caps Record Year with Major Swedish Satellite Contract
Earnings

OHB SE Caps Record Year with Major Swedish Satellite Contract

Sarah MitchellBy Sarah MitchellMarch 20, 2026No Comments2 Mins Read
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The Bremen-based aerospace group OHB SE unveiled its annual results today, presenting a robust set of figures for the past fiscal year. The company’s performance was highlighted by a historic order intake and bolstered by a significant new contract from Sweden, reinforcing its upgraded growth trajectory.

Financial Performance and Shareholder Returns

OHB’s consolidated financial statement for 2025 demonstrates substantial operational momentum. Group revenue climbed by 21 percent to approximately €1.25 billion. Adjusted EBITDA also saw an increase, rising from €111.1 million to €125.6 million. A particularly striking figure is the company’s order backlog, which reached an all-time high of nearly €2.08 billion. Reflecting this strong performance, the board proposes a dividend of €0.60 per share, matching the previous year’s payout.

Historic Swedish Satellite Constellation Order

Coinciding with the earnings release, subsidiary OHB Sweden announced it has secured the largest satellite contract in Swedish space history. Valued at €248 million, the agreement involves the development and construction of 20 small satellites for the EUMETSAT EPS-Sterna program. This satellite constellation, scheduled for deployment from 2029, is designed to deliver continuous weather data from the Arctic region. The information is expected to significantly enhance the accuracy of global climate models and weather forecasting. OHB will leverage its established New-Space approach, which previously enabled a swift development cycle of just three years for a predecessor model.

Strategic Positioning and Upgraded Outlook

Looking ahead, OHB is actively positioning itself for future strategic projects. The company is part of a consortium with Airbus Defence and Space and Rheinmetall, aiming to establish a satellite-based internet service for the German Bundeswehr. In preparation for this SATCOMBw Stage 4 project, OHB acquired a facility in Schöneck, Saxony, last October, creating the necessary capacity for series production.

Supported by rising budgets from the ESA, the EU, and notably from national defense customers, management has raised its growth forecast for 2026 and 2027. The company’s planning anticipates a consistent rise in both total revenue and operating margins over the next two years.

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Sarah Mitchell
Sarah Mitchell

Sarah Mitchell is a markets writer at Primary Ignition, covering equities across the sectors that move on hard catalysts, defense and aerospace, industrials, automotive, and the energy and technology names increasingly tied to them. Her work focuses on connecting macro shifts to individual stocks: how NATO procurement budgets feed European defense order books, why a Fed rate hold reshapes auto financing, or how a pre-revenue nuclear company like Oklo ends up carrying an $11 billion valuation. She has a particular interest in the overlap between heavy industry and emerging technology, quantum computing, AI infrastructure, and next-generation defense systems, and writes with an emphasis on the numbers behind the narrative rather than the headline itself. Sarah's coverage spans earnings, dividends, IPOs, and market commentary.

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