FREQUENTIS AG Specialist for communication and information solutions for safety-critical control centres
150+ 90%
countries government
served customers
40% | €187m | €547m |
equity ratio, | revenues | orders on |
June 2023 | H1 2023 | hand, |
June 2023 |
© Frequentis AG 2023
Highlights H1'23
- Hike in order intake
- Strong revenue growth
-
Acquisition of
FRAFOS
EBITDA
€8.2m
-0.3m vs. H1'22
Order intake
€208.0m
+29.1% vs. H1'22
EBIT
€-0.3m
+0.2m vs. H1'22
Orders on hand
€546.7m
+9.8% vs. June'22
Equity ratio
40.0%
40.7% in June'22
Revenues
€186.8m
+11.7% vs. H1'22
Organic growth: +11.5% vs. H1'22
Net cash1
€75.1m
-9.4m vs. June'22
- Net cash included €51.7m advance payments from customers. Cash and cash equivalents and time deposits were €80.5m, liabilities to banks were €5.4m (thereof €5.2m short-term liabilities).
2 | Investor Presentation 16 August 2023 | © Frequentis AG 2023 |
in € m
133
53
80
172
55
117
157
40
117
161
43
118
208
75
133
Public
Safety & +29% Transport (PST)
Air Traffic Management (ATM)
H1 2019 | H1 2020 | H1 2021 | H1 2022 | H1 2023 |
3 | Investor Presentation 16 August 2023 | © Frequentis AG 2023 |
Hike in orders on hand and revenues
Orders on hand
Revenues
63% ATM, 37% PST
547 | ||||||||||
498 | ||||||||||
445 | 453 | 203 | ||||||||
352 | 178 | |||||||||
165 | 161 | |||||||||
155 | 344 | |||||||||
320 | ||||||||||
292 | ||||||||||
281 | ||||||||||
197 | ||||||||||
66% ATM, 34% PST
+10% | 167 | ||||||
132 | 132 | 145 | |||||
54 | |||||||
56 | |||||||
40 | 42 | ||||||
113
93 | 90 | 89 |
187
+12%
64
123
June | June | June | June | June | H1 | H1 | H1 | H1 | H1 |
2019 | 2020 | 2021 | 2022 | 2023 | 2019 | 2020 | 2021 | 2022 | 2023 |
in € m | |||||||||
4 | Investor Presentation 16 August 2023 | © Frequentis AG 2023 | ||||||||
EBITDAEBIT
in € m
Comments
| EBIT shows typically seasonality, |
H1 2021 an exception | |
| Half-year results typically |
negative: order intake and project |
41.9 | 46.5 | 45.6 | |||||
30.2 | |||||||
21.6 | |||||||
6.0 | 12.4 | 8.4 | 8.2 | ||||
2.4 | |||||||
-2.5 | |||||||
H1 2018 H1 2019 H1 2020 H1 2021 H1 2022 H1 | |||||||
2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
26.8 29.0 25.0
15.6 17.2
5.4
-5.5 | -3.9 | -1.0 | -0.5 | -0.3 |
H1 2018 H1 2019 H1 2020 H1 2021 H1 2022 H1
2018 2019 2020 2021 2022 2023
acceptance are generally highest |
at year-end |
5 | Investor Presentation 16 August 2023 | © Frequentis AG 2023 |
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Disclaimer
Frequentis AG published this content on 16 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 August 2023 05:34:01 UTC.
