OTS - Rohde & Schwarz closes fiscal year successfully despite global uncertainty (part 1)
2022. October 31. 11:00
Munich, 31 october, 2022 (APA/OTS) - The Rohde & Schwarz technology
company ends a successful 2021/2022 fiscal year with increased
revenue and strong order intake. The strategic focus on
communications, information and security has enabled the company to
remain resilient in the face of global uncertainty. The high-tech
solutions from its Test & Measurement, Technology Systems and
Networks & Cybersecurity Divisions enable industry and government
customers to ensure their technological and digital sovereignty.
The 2021/2022 fiscal year (July to June) was characterized by
diverging trends. Revenue increased to EUR 2.53 billion. The
positive operating results were in line with expectations. At EUR
2.84 billion, order intake was significantly higher than in the
previous year. On June 30, 2022, the company had around 13,000
employees.
The excellent order intake shows that Rohde & Schwarz is well
positioned in its markets. Each of the company's three divisions
achieved double-digit growth. However, the conversion of orders
into billable sales was impeded by the tight supply chain
situation. The company's high degree of vertical integration, with
plants in Germany, Czech Republic, Singapore and Malaysia,
bolstered its stability.
Innovative test and measurement solutions for future
technologies
With its T&M solutions, Rohde & Schwarz provides the foundation
for technological advances in growth markets such as wireless
communications, automotive, quantum computing and aerospace &
defense. This led to strong demand for high-performance wireless
testers, signal generators, spectrum analyzers and oscilloscopes.
Mobile communications is driven in particular by the worldwide
rollout of 5G networks and the greater availability of 5G-enabled
devices. Meanwhile, the 6G standard is on the horizon. Rohde &
Schwarz is supporting fundamental 6G research up into the
subterahertz range. The automotive market is also defined by
widespread technological advances. The focus is on connectivity and
communications, i.e. vehicle-to-everything (V2X) technology. With a
newly launched radar test system, the company has established
itself as a technological leader in this application field. For the
automotive industry, this is a decisive step toward making the
vision of autonomous driving a reality.
Security scanners to protect public and private spaces
Rohde & Schwarz security scanners help improve security at
events, airports and companies. The R&S® QPS201 security scanner
was officially placed on the Qualified Products List of the
Transportation Security Administration (TSA), taking an important
step toward deployment at US airports and other TSA security
screening facilities. The scanner now has good prospects in the US
market in addition to Europe and Asia.
Rohde & Schwarz as a technology partner in project business
The current geopolitical developments are leading to a
reevaluation of security and defense in society and at the
political level. Rohde & Schwarz has proven itself a reliable
technological partner in numerous customer orders. For example, the
company won a major contract from the British Royal Navy to equip
also the Batch 2 Type 26 frigates with an integrated communications
system. Furthermore, the company landed its first order for a
complete R&S naval communications suite in Germany. In the land
based defense segment, the company demonstrated its capabilities to
the German armed forces with deliveries of the SVFuA/SOVERON®D
digital tactical radio for the retrofitted Puma infantry fighting
vehicle.
The new R&S® Series 5200 air traffic control radio, which
ensures safety for civil aviation, entered the market. The radio
was an immediate bestseller in Vietnam, Taiwan, Slovenia, Australia
and Malaysia.
In the broadcast & media market segment, Rohde & Schwarz
completed development of the first model of a new transmitter
generation. The high-power transmitter allows broadcast network
operators to significantly reduce their CO2 emissions and operating
expenses. It is also ideal for future services such as 5G
Broadcast. The transmitter attracted much attention at the IBC in
Amsterdam, one of the industry's key trade shows.
Combined forces for security and reconnaissance
The acquisition of Schönhofer Sales and Engineering GmbH
ideally complements Rohde & Schwarz products through vertical
integration. With this new fully owned subsidiary, Rohde & Schwarz
now provides the entire signal intelligence portfolio from a single
source - from sensor technology to data analysis and sensor fusion.
Networks & Cybersecurity: an established key supplier in Germany
LANCOM Systems GmbH of the Networks & Cybersecurity Division
also developed extremely positively across all product segments.
Together with Rohde & Schwarz Cybersecurity and Rohde & Schwarz
SIT, the company makes important contributions to Germany's digital
sovereignty as the strongest player in the German B2B market.
(continues)