Germany's OHB reports rise in Q1 revenue, provides outlook
08/05/2025 07:20
May 8 (Reuters) - German aerospace group OHB OHBG.DE posted a 13% gain in first-quarter revenues and forecast 2025 sales to come in at 1.2 billion euros ($1.36 billion) in 2025, broadly in line with an LSEG polls of analysts. The company, a partner for European Space Agency (ESA) projects, said its order backlog stood at 2.3 billion euros at the end of March, most of which attributable to its Space Systems segment. ($1 = 0.8846 euros) (Reporting by Paolo Laudani in Gdansk Editing by Ludwig Burger) ((Paolo.Laudani@thomsonreuters.com;))
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