LA PLATA, Maryland — Space hardware provider OHB SE of Germany reported a 13% decline in revenue and a sharp drop in profit in 2024 but attributed the performance to a series of events unlikely to repeat.
The company pointed to a 36% increase in its backlog as of Dec. 31 as providing credibility to its forecast of a rebound this year and continued growth through 2026 and 2027.
Possible near-term growth drivers include November’s conference of European Space Agency (ESA) government ministers to . . .
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