Frequentis AG

FQT

Equity

ISIN ATFREQUENT09 / Valor 47572650

Xetra (2024-12-23)

EUR 27.00+1.12%

Frequentis AG
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About company

Frequentis AG is a leading provider of safety-critical communication and information solutions with a strong presence in various industries such as civil aviation, defence, public safety, maritime, and public transportation. With over 75 years of experience, the company has established itself as a key player in the market, focusing on developing innovative solutions and industry-first technologies. Frequentis is known for its reliable communication systems for mission-critical applications, with a user-centric design approach that prioritizes the needs of controllers. The company is committed to continuous growth and development, offering new opportunities for its employees worldwide.

Summarized from source with an LLMView SourceSector:

Revenue Growth

Frequentis AG reported a significant increase in revenue for Q4 2023, with total revenues rising by 10.0% to EUR 439.2 million, compared to EUR 399.1 million in the same period of 2022. This growth was driven by strong performance across various regions and business segments.

EBITDA Decline

Despite the revenue growth, Frequentis AG experienced a decline in EBITDA for Q4 2023, which fell to EUR 44.2 million from EUR 45.6 million in Q4 2022. The EBITDA margin also decreased to 10.3% from 11.8% in the previous year, reflecting higher operating expenses.

Profit Increase

Frequentis AG's profit for Q4 2023 increased to EUR 20.0 million, up from EUR 18.9 million in Q4 2022. This improvement was attributed to higher financial income and effective cost management, despite the rise in personnel and other operating expenses.

Cash Flow Improvement

The company saw an improvement in its cash flow from operations, which increased to EUR 46.8 million in Q4 2023, compared to EUR 43.6 million in Q4 2022. This positive development was driven by better operational performance and changes in other liabilities and contract liabilities.

Segment Performance

In the Air Traffic Management segment, Frequentis AG reported a revenue increase of 13.8% to EUR 293.3 million in Q4 2023, up from EUR 257.8 million in Q4 2022. However, EBIT for this segment remained relatively stable at EUR 10.1 million, compared to EUR 10.2 million in the previous year.

Summarized from source with an LLMView Source

Key figures

-1.82%1Y

1.12%3Y

35.0%5Y

Performance

27.7%1Y

30.8%3Y

32.8%5Y

Volatility