Country for PR: United Kingdom
Contributor: PR Newswire Europe
Monday, October 31 2022 - 21:00
AsiaNet
Rohde & Schwarz closes fiscal year successfully despite global uncertainty
MUNICH, Oct. 31, 2022 /PRNewswire-AsiaNet/ --

The Rohde & Schwarz technology company ends a successful 2021/2022 fiscal year 
with increased revenue and strong order intake. The strategic focus on 
communications, information and security has enabled the company to remain 
resilient in the face of global uncertainty. The high-tech solutions from its 
Test & Measurement, Technology Systems and Networks & Cybersecurity Divisions 
enable industry and government customers to ensure their technological and 
digital sovereignty. 

The 2021/2022 fiscal year (July to June) was characterized by diverging trends. 
Revenue increased to EUR 2.53 billion. The positive operating results were in 
line with expectations. At EUR 2.84 billion, order intake was significantly 
higher than in the previous year. On June 30, 2022, the company had around 
13,000 employees.

The excellent order intake shows that Rohde & Schwarz is well positioned in its 
markets. Each of the company's three divisions achieved double-digit growth. 
However, the conversion of orders into billable sales was impeded by the tight 
supply chain situation. The company's high degree of vertical integration, with 
plants in Germany, Czech Republic, Singapore and Malaysia, bolstered its 
stability.

Innovative test and measurement solutions for future technologies

With its T&M solutions, Rohde & Schwarz provides the foundation for 
technological advances in growth markets such as wireless communications, 
automotive, quantum computing and aerospace & defense. This led to strong 
demand for high-performance wireless testers, signal generators, spectrum 
analyzers and oscilloscopes.

Mobile communications is driven in particular by the worldwide rollout of 5G 
networks and the greater availability of 5G-enabled devices. Meanwhile, the 6G 
standard is on the horizon. Rohde & Schwarz is supporting fundamental 6G 
research up into the subterahertz range. The automotive market is also defined 
by widespread technological advances. The focus is on connectivity and 
communications, i.e. vehicle-to-everything (V2X) technology. With a newly 
launched radar test system, the company has established itself as a 
technological leader in this application field. For the automotive industry, 
this is a decisive step toward making the vision of autonomous driving a 
reality.

Security scanners to protect public and private spaces

Rohde & Schwarz security scanners help improve security at events, airports and 
companies. The R&S(R) QPS201 security scanner was officially placed on the 
Qualified Products List of the Transportation Security Administration (TSA), 
taking an important step toward deployment at US airports and other TSA 
security screening facilities. The scanner now has good prospects in the US 
market in addition to Europe and Asia.

Rohde & Schwarz as a technology partner in project business

The current geopolitical developments are leading to a reevaluation of security 
and defense in society and at the political level. Rohde & Schwarz has proven 
itself a reliable technological partner in numerous customer orders. For 
example, the company won a major contract from the British Royal Navy to equip 
also the Batch 2 Type 26 frigates with an integrated communications system. 
Furthermore, the company landed its first order for a complete R&S naval 
communications suite in Germany. In the land based defense segment, the company 
demonstrated its capabilities to the German armed forces with deliveries of the 
SVFuA/SOVERON(R)D digital tactical radio for the retrofitted Puma infantry 
fighting vehicle.

The new R&S(R) Series 5200 air traffic control radio, which ensures safety for 
civil aviation, entered the market. The radio was an immediate bestseller in 
Vietnam, Taiwan, Slovenia, Australia and Malaysia.

In the broadcast & media market segment, Rohde & Schwarz completed development 
of the first model of a new transmitter generation. The high-power transmitter 
allows broadcast network operators to significantly reduce their CO2 emissions 
and operating expenses. It is also ideal for future services such as 5G 
Broadcast. The transmitter attracted much attention at the IBC in Amsterdam, 
one of the industry's key trade shows.

Combined forces for security and reconnaissance

The acquisition of Schonhofer Sales and Engineering GmbH ideally complements 
Rohde & Schwarz products through vertical integration. With this new fully 
owned subsidiary, Rohde & Schwarz now provides the entire signal intelligence 
portfolio from a single source – from sensor technology to data analysis and 
sensor fusion.

Networks & Cybersecurity: an established key supplier in Germany

LANCOM Systems GmbH of the Networks & Cybersecurity Division also developed 
extremely positively across all product segments. Together with Rohde & Schwarz 
Cybersecurity and Rohde & Schwarz SIT, the company makes important 
contributions to Germany's digital sovereignty as the strongest player in the 
German B2B market.

Sustainability in all aspects of corporate management

Rohde & Schwarz is a privately owned company that is financed by its own 
resources. Corporate Management leads the company with a long-term focus and 
sustainability plays an important role in all activities.

Rohde & Schwarz is making climate protection a more integral part of its 
business – especially through the expansion of renewable energy sources. By the 
end of the 2021 calendar year, the main company locations in Germany had 
successfully switched over to electricity from renewable sources. A further 
example is the planned rooftop photovoltaic system on the parking garage of the 
Memmingen plant, which will expand an existing solar energy system.

Press contacts:
Europe (headquarters): Monika Roth (phone: +49 89 4129 16652; email: 
press@rohde-schwarz.com)

Source: Rohde & Schwarz