Rohde & Schwarz revenues defy COVID-19
Rohde & Schwarz has reported a 20% increase in revenues to 2.58 billion Euros in its 2019/2020 fiscal year (July to June).
The number of employees grew moderately to about 12,300 worldwide.
5G networks were set up faster than anticipated. The COVID-19 induced sales slump on the user equipment market failed to noticeably dampen investor sentiment in the first half of the year.
The market size, importance and fierce competition on the device and network sides meant that both user equipment manufacturers and infrastructure providers continued to invest heavily in test and measurement solutions.
Rohde & Schwarz says it benefited throughout the entire mobile communications value chain. The company’s T&M solutions place it in a good position for the internet of things (IoT). Rohde & Schwarz has already developed a comprehensive test and measurement portfolio to set up and reliably operate 5G factory networks.
The automotive market responded positively to the company's innovative radar sensor and vehicle connectivity solutions, putting Rohde & Schwarz in a promising position.
Despite the significant decrease in air traffic in the second half of the fiscal year, radio system sales to air traffic controllers and sales of security scanners for passenger processing remained solid.
The CERTIUM air traffic control portfolio from Rohde & Schwarz provides complete solutions that include hardware, software and service components.
The portfolio was expanded in 2020 to include a state-of-the-art radio family.
Since their launch, security scanners from Rohde & Schwarz have gained a significant market share and are used in airports around the world. A new walk-through model for the unregulated security market serves the growing demand for security products in the private sector. Typical applications include large events, loss prevention situations and securing data centres.
On the global naval market, investments in new frigates and patrol ships contrast with increasing price pressures on equipment suppliers. Rohde & Schwarz revenues grew in this segment. The company supplied full NAVICS systems for the British Royal Navy's first Type 26 frigates.
Picture shows Rohde & Schwarz's Munich headquarters