Critical-control-rooms | 2022-02-07

FREQUENTIS Announces Preliminary, Unaudited Figures for the 2021 Financial Year

Source: FREQUENTIS

The good business development of the companies acquired from L3Harris Technologies in 2021 and the profitable project executions despite the continued travel restrictions enabled the turnover to rise to more than EUR 330 million (2020: EUR 299.4 million) according to the preliminary figures.

EBIT is expected to increase to around EUR 28 million according to the preliminary figures (2020: EUR 26.8 million).

Despite pandemic-related delays in the award process, order intake increased to more than EUR 330 million (2020: EUR 314.6 million).

The figures quoted are subject to the result of the audit of the consolidated financial statements. The final annual result for the full year 2021 will be published as planned on 5 April 2022.