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Half-Year Financial Report 2021 | 17.08.2021.pdf

H1-2021_Frequentis_EN.pdf
Preview of Half-Year Financial Report 2021 | 17.08.2021
🔗 Source: frequentis.com
📊 Size: 2.27 MB
👤 Author: KALINA Michaela
⬇️ Downloads: 43

Summary

Frequentis Group's half-year financial report for 2021 shows revenues of EUR 144.6 million, a 9.4% increase from H1 2020, with EBITDA more than doubling to EUR 12.4 million and EBIT turning positive at EUR 5.4 million. Net profit for the period was EUR 4.1 million, compared to a loss of EUR 23.4 million in H1 2020. Order intake was EUR 157.1 million, 8.6% below H1 2020, but orders on hand increased by 5.9% to EUR 453.0 million. The company's equity ratio stood at 39.6% and net cash was EUR 77.2 million. Highlights in the first half of 2021 include the acquisition of air traffic management product lines from L3Harris Technologies and several new contracts. Despite uncertainties due to the pandemic, the company expects an increase in order intake for the full year 2021 compared to 2020.

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Frequentis Group's half-year financial report for 2021 shows revenues of EUR 144.6 million, a 9.4% increase from H1 2020, with EBITDA more than doubling to EUR...

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  • File Format: PDF
  • File Size: 2.27 MB
  • Pages: 48
  • Language: EN
  • Author: KALINA Michaela
  • Total Downloads: 43
  • Last Updated: 1 month ago

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