OHB names new rocket CEO as OHB stock sits 75.68 percent below its high

Published on 10/06/2026 at 17:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 2026 revenue reached EUR 329.20 million, up 7.00 percent year over year. For OHB stock, cash reached EUR 526.9 million on June 30, 2026.

OHB, DE0005936124, Illustration mit AI erstellt.

OHB (ISIN DE0005936124) was last at a substitute Xetra price of EUR 166.60 on October 6, 2026, 75.68 percent below its 52-week high of EUR 685.00. As Boerse Frankfurt reported on October 5, 2026, OHB appointed Alexander Dahm chief executive officer of Rocket Factory Augsburg, succeeding Indulis Kalnins.

Rocket leadership changes

Dahm brings more than 30 years of aerospace and defense leadership experience, including roles at HENSOLDT Sensors, Airbus Defence and Space, Airbus Operations, Astrium and DASA, according to the same Boerse Frankfurt release. His remit includes RFA ONE's path to its first flight, making industrial execution the immediate operational test for the subsidiary.

The appointment adds a management milestone to OHB's wider space portfolio. The parent company describes three operating areas, Space Systems, Access to Space and Digital, and reported revenue of EUR 1.2 billion for fiscal year 2025 on its OHB investor-relations page.

Growth meets cash pressure

For the second quarter of 2026, revenue was EUR 329.20 million, up 7.00 percent from EUR 307.70 million in the second quarter of 2025. NadirAlpha also reported adjusted EBITDA of EUR 60.40 million for the first half of 2026, versus EUR 45.90 million in the first half of 2025, while the adjusted EBITDA margin was 9.60 percent.

The operating picture is mixed across the income statement and cash flow. Second-quarter 2026 net income was minus EUR 5.10 million, compared with EUR 7.10 million in the second quarter of 2025, while cash and cash equivalents stood at EUR 526.9 million on June 30, 2026. Management confirmed fiscal 2026 guidance for total operating performance of EUR 1.4 billion and an adjusted EBITDA margin of 10.50 percent to 11.00 percent in the investor-relations material.

Stock remains below its high

OHB's substitute Xetra price of EUR 166.60 on October 6, 2026 at 5:07 p.m. CEST stood EUR 5.20 below the Xetra close of EUR 171.80 on October 5, 2026, equal to minus 3.03 percent. The Xetra 52-week range was EUR 95.00 to EUR 685.00, placing the price 75.68 percent below the high, while market capitalization was EUR 3.5 billion on October 6, 2026.

The next scheduled reporting date is November 12, 2026, for third-quarter 2026 results, according to OHB. OHB entered the TecDAX on September 21, 2026, after joining the SDAX, according to the company's IR announcement.

Price source: substitute price Xetra, Lang & Schwarz without data set.