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.