FREQUENTIS Reports Significant Rise in Revenues; Orders on Hand now Half a Billion Euros
Frequentis has published its Half-year Financial Report 2022. The report states that In the first six months of 2022, the Frequentis operating business was hardly influenced by the COVID-19 pandemic.
Thanks to the stable Frequentis business model as a provider of communication and information systems for control centres in the safety-critical sector, demand remains high, as shown by the increase in order intake.
The rise in order intake and revenues was partly due to the companies acquired from L3Harris Technologies in 2021 and the acquisition of the Italian company Regola in January 2022.