OHB SE Reports Q3 2026 Financial Results

OHB SE released its financial results for the third quarter of 2026, showing revenue growth of 10% to 312.5 million euros and an adjusted EBITDA increase of 12% to 39.3 million euros compared to the same period last year. Despite these gains, the company's share price declined as the reported operating results and free cash flow fell short of analyst consensus expectations. OHB confirmed its full-year guidance, maintaining an expected adjusted EBITDA margin of 10.5% to 11%, with a medium-term target of approximately 13%. Management highlighted that growth is supported by a strong order backlog of nearly 4 billion euros, including recent major contracts from the European Union and the European Space Agency. Analysts noted that while the quarterly figures were impacted by the nature of long-term satellite projects, the company remains on track with its strategic planning.