Rohde & Schwarz closes fiscal year successfully despite global uncertainty

Rohde & Schwarz

PR98544

 

MUNICH, Oct. 31, 2022 /PRNewswire=KYODO JBN/ --

 

The Rohde & Schwarz technology company ends a successful 2021/2022 fiscal year

with increased revenue and strong order intake. The strategic focus on

communications, information and security has enabled the company to remain

resilient in the face of global uncertainty. The high-tech solutions from its

Test & Measurement, Technology Systems and Networks & Cybersecurity Divisions

enable industry and government customers to ensure their technological and

digital sovereignty.

 

The 2021/2022 fiscal year (July to June) was characterized by diverging trends.

Revenue increased to EUR 2.53 billion. The positive operating results were in

line with expectations. At EUR 2.84 billion, order intake was significantly

higher than in the previous year. On June 30, 2022, the company had around

13,000 employees.

 

The excellent order intake shows that Rohde & Schwarz is well positioned in its

markets. Each of the company's three divisions achieved double-digit growth.

However, the conversion of orders into billable sales was impeded by the tight

supply chain situation. The company's high degree of vertical integration, with

plants in Germany, Czech Republic, Singapore and Malaysia, bolstered its

stability.

 

Innovative test and measurement solutions for future technologies

 

With its T&M solutions, Rohde & Schwarz provides the foundation for

technological advances in growth markets such as wireless communications,

automotive, quantum computing and aerospace & defense. This led to strong

demand for high-performance wireless testers, signal generators, spectrum

analyzers and oscilloscopes.

 

Mobile communications is driven in particular by the worldwide rollout of 5G

networks and the greater availability of 5G-enabled devices. Meanwhile, the 6G

standard is on the horizon. Rohde & Schwarz is supporting fundamental 6G

research up into the subterahertz range. The automotive market is also defined

by widespread technological advances. The focus is on connectivity and

communications, i.e. vehicle-to-everything (V2X) technology. With a newly

launched radar test system, the company has established itself as a

technological leader in this application field. For the automotive industry,

this is a decisive step toward making the vision of autonomous driving a

reality.

 

Security scanners to protect public and private spaces

 

Rohde & Schwarz security scanners help improve security at events, airports and

companies. The R&S(R) QPS201 security scanner was officially placed on the

Qualified Products List of the Transportation Security Administration (TSA),

taking an important step toward deployment at US airports and other TSA

security screening facilities. The scanner now has good prospects in the US

market in addition to Europe and Asia.

 

Rohde & Schwarz as a technology partner in project business

 

The current geopolitical developments are leading to a reevaluation of security

and defense in society and at the political level. Rohde & Schwarz has proven

itself a reliable technological partner in numerous customer orders. For

example, the company won a major contract from the British Royal Navy to equip

also the Batch 2 Type 26 frigates with an integrated communications system.

Furthermore, the company landed its first order for a complete R&S naval

communications suite in Germany. In the land based defense segment, the company

demonstrated its capabilities to the German armed forces with deliveries of the

SVFuA/SOVERON(R)D digital tactical radio for the retrofitted Puma infantry

fighting vehicle.

 

The new R&S(R) Series 5200 air traffic control radio, which ensures safety for

civil aviation, entered the market. The radio was an immediate bestseller in

Vietnam, Taiwan, Slovenia, Australia and Malaysia.

 

In the broadcast & media market segment, Rohde & Schwarz completed development

of the first model of a new transmitter generation. The high-power transmitter

allows broadcast network operators to significantly reduce their CO2 emissions

and operating expenses. It is also ideal for future services such as 5G

Broadcast. The transmitter attracted much attention at the IBC in Amsterdam,

one of the industry's key trade shows.

 

Combined forces for security and reconnaissance

 

The acquisition of Schonhofer Sales and Engineering GmbH ideally complements

Rohde & Schwarz products through vertical integration. With this new fully

owned subsidiary, Rohde & Schwarz now provides the entire signal intelligence

portfolio from a single source – from sensor technology to data analysis and

sensor fusion.

 

Networks & Cybersecurity: an established key supplier in Germany

 

LANCOM Systems GmbH of the Networks & Cybersecurity Division also developed

extremely positively across all product segments. Together with Rohde & Schwarz

Cybersecurity and Rohde & Schwarz SIT, the company makes important

contributions to Germany's digital sovereignty as the strongest player in the

German B2B market.

 

Sustainability in all aspects of corporate management

 

Rohde & Schwarz is a privately owned company that is financed by its own

resources. Corporate Management leads the company with a long-term focus and

sustainability plays an important role in all activities.

 

Rohde & Schwarz is making climate protection a more integral part of its

business – especially through the expansion of renewable energy sources. By the

end of the 2021 calendar year, the main company locations in Germany had

successfully switched over to electricity from renewable sources. A further

example is the planned rooftop photovoltaic system on the parking garage of the

Memmingen plant, which will expand an existing solar energy system.

 

Press contacts:

Europe (headquarters): Monika Roth (phone: +49 89 4129 16652; email:

press@rohde-schwarz.com)

 

Source: Rohde & Schwarz

 

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