Frequentis Celebrates Great Performance and Successful Acquisitions in 2021
As a leading global provider of information and communication solutions for safety-critical applications, Frequentis navigated the second year of the COVID-19 pandemic well thanks to its consistently resilient business model.
“The high level of trust placed in us by our customers enabled us to complete many projects despite lockdowns and travel restrictions. As well as growing our established business, we extended our product portfolio in the Air Traffic Management segment by acquiring business units from L3Harris in Australia, Germany, and Canada,” reports CEO Norbert Haslacher
Critical Control Room
At the start of 2022, Frequentis continued its growth strategy in the public safety domain by acquiring a 51% interest in the Italian company Regola. This company offers innovative software solutions such as an integrated control room solution to improve the emergency response of teams in public safety.
Regola’s command and control system complements Frequentis’ portfolio. The aim is to step up international marketing.
Despite global measures to contain the pandemic and good availability of vaccines, Frequentis faces a number of uncertainties in 2022. It is not possible to make a reliable estimate of the exact effect of the ongoing pandemic on costs (e.g. travel expenses), revenues (e.g. due to the deferral of project acceptances), supply chains, the budgets available, and the potential postponement of investments.
Frequentis expects to report an EBIT margin of around 6-8% in 2022 – depending on how the pandemic develops, the macro-economic situation and the outstanding post-merger integration costs for the L3Harris units.