Ascom : achieves solid results in 2021 despite negative impact of component shortage
January 20, 2022 at 01:16 am EST
Share
January 20, 2022
In line with the communicated guidance, Ascom achieved a low single-digit revenue growth and an EBITDA margin of 9.8% for fiscal year 2021, based on preliminary unaudited figures.
Based on preliminary and unaudited results, Ascom generated net revenue of CHF 291.5 million for fiscal year 2021 (2020: CHF 281.0 million), which reflects an increase of 3.7% (2.7% at constant currencies) compared to the previous year. This revenue growth has been achieved despite a relevant negative impact resulting from the ongoing shortage of components.
Incoming orders came to CHF 342.3 million, representing a growth of 6.2% (4.9% at constant currencies), while the order backlog increased significantly to CHF 256.1 million (2020: CHF 215.6 million). The growth in incoming orders includes a multi-million Swiss Franc order based on a multi-year frame contract in the Global Distribution / Partner business (former OEM).
Ascom improved its operational profitability in 2021 and achieved an EBITDA of CHF 28.6 million leading to an EBITDA margin of 9.8% compared to 8.9% in 2020.
Ascom will publish further details and the full Annual Report 2021 at its Annual Results Conference on 8 March 2022.
Attachment
Media Release
Back to list
Download
This document does not constitute an offer or solicitation to subscribe for, purchase or sell any securities. This document is not being issued in the United States of America or the United Kingdom and should not be distributed in any jurisdiction in a manner where such distribution would not comply with regulatory requirements. In particular, this document may not be distributed into the United States, to United States persons or to publications with a general circulation in the United States. In addition, the securities of Ascom have not been and will not be registered in any jurisdiction outside Switzerland. The securities of Ascom may not be offered, sold or delivered and no solicitation to purchase such securities may be made within the United States or to U.S. persons absent an applicable exemption from the registration requirements of the United States securities laws or within any other jurisdiction and in a manner where such offer, sale, delivery or solicitation might not be in compliance with regulatory requirements (including the United Kingdom).
Attachments
Original Link
Original Document
Permalink
Disclaimer
Ascom Holding AG published this content on 20 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 January 2022 06:15:03 UTC.
Ascom Holding AG is a Switzerland-based solutions provider focused on healthcare Information and Communications Technology (ICT) and mobile workflow solutions. The Company provides mission-critical, real-time solutions for mobile, ad hoc, and time-sensitive environments to close digital information gaps allowing for the best possible decisions anytime and anywhere. Ascom Holding AG uses its product and solutions portfolio and software architecture capabilities to devise integration and mobilization solutions that provide truly smooth, complete, and efficient workflows for healthcare as well as for industry and retail sectors. The Company operates in 18 countries, such as United States, France, Germany, Sweden among others.