Baar (Switzerland), December 5, 2023
Ad hoc announcement pursuant to Art. 53 LR
Given the softening economical macro environment during the second half-year 2023 the market had exhibited project delays and slower than expected backlog conversion. As a result, Ascom is now expecting mid-single digit revenue growth at constant currencies for the fiscal year 2023.
December historically being a strong revenue month, Ascom expects to achieve a double-digit EBITDA margin in 2023 as a result of the improved business model and better cost management.
Ascom will announce further details on preliminary results for fiscal year 2023 in January 2024. The full details of the financial statements and the 2023 Annual Report will be published on March 5, 2024.
Senior VP Legal & Communications / IR
+41 41 544 78 10
Ascom is a global provider of healthcare ICT and mobile workflow solutions. Ascom’s purpose is to close digital information gaps by putting the right information in the right hands at the right time and helping people make the best possible decisions in mission-critical situations. Ascom uses its unique product and solutions portfolio and software architecture capabilities to device integration and mobilization solutions that provide truly smooth, complete, and efficient workflows for healthcare as well as for industry and retail sectors.
Ascom is headquartered in Baar (Switzerland), has operating businesses in 19 countries, and employs around 1,300 people worldwide. Ascom registered shares (ASCN) are listed on the SIX Swiss Exchange in Zurich.