FREQUENTIS reports a strong rise in revenues and earnings in H1 2021
- Revenues +9.4% to EUR 144.6 million
- First-ever positive half-year EBIT of EUR 5.4 million
- Order intake +5.9% to EUR 453.0 million
- Biggest acquisition in the company's history completed in record time
“We are particularly proud that we were able to increase revenues by nearly 10% in these challenging times. The restrictions due to the pandemic, especially the travel restrictions, could not hold us back,” says Frequentis’ CEO, Norbert Haslacher. “In addition, we managed to complete the transaction with the US group L3Harris Technologies, the biggest acquisition in our company’s history, in just over five months. Now, the focus is on the stepwise integration of the three companies acquired into the Frequentis Group.”
To read the press release in full, please click "download".
Find here the Half-year Financial Report 2021.