Ascom achieves solid results in 2021 despite negative impact of component shortage

January 20, 2022

AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR

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.

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