Frequentis Group records strong growth during financial year 2016

Now in its 70^th year, the Frequentis Group, headquartered in Vienna, Austria, presents itself stronger than ever before. Drivers of growth are the innovative strength of the internationally operating company, as well as the extension of the company group with the addition of German-based Comsoft Solutions, a software manufacturer in the field of Air Traffic Control (ATC) and Air Traffic Management (ATM).

Communication and information systems

Frequentis AG is an international supplier of communication and information systems for control centres with safety-critical tasks. Such Control Centre Solutions are developed and marketed by Frequentis for the business segments of Air Traffic Management (civil and military air traffic safety, air defence) and Public Safety & Transport (police, fire brigades, rescue services, shipping, railways). The expansion of the company group with Comsoft Solutions GmbH, at the beginning of 2016, brought a major boost to the ATM business segment. The complementary product portfolio reinforces Frequentis' role with communication and information solutions in this sector.

Growth statistics

The strong position on the world market is reflected in a strong growth spurt in 2016. New orders went up by 18% to EUR 259.5 million, while operating performance rose by 11% to EUR 252.2 million. EBIT (earnings before interest and taxes) amounted to EUR 12.4 million. More than 400 customers in over 130 countries worldwide have now placed their confidence in information and communication solutions developed by Frequentis.

This success will continue in the 2017 financial year. Key aspects are the further expansion of the international markets and the development of added value in the regions in which Frequentis subsidiaries are already active.