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PTA-News: Frequentis AG: Acquisition of ATC Solutions of L3Harris strengthens global position in air traffic management solutions

Austria / USA / Canada (pta010/31.05.2021/08:00) - ATC Solutions business unit of Harris Canada Systems becomes Frequentis Canada ATM Ltd. Acquisition extends the Frequentis Group s technical solutions for air traffic control Position in communications solutions in the air traffic management market is strengthened, especially in North America and the UK ....

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Frequentis AG: FREQUENTIS announces preliminary, unaudited figures for the 2020 financial year

Frequentis AG: FREQUENTIS announces preliminary, unaudited figures for the 2020 financial year
EBIT significantly above analysts expectations (Consensus) despite COVID-19
Vienna (pta026/03.02.2021/20:40) - Increased digitalisation efforts such as project acceptance via video, virtual customer meetings, and webinars enabled the company to maintain revenue at around EUR 300 million (2019: EUR 303.6 million) according to the preliminary figures.
EBIT is expected to increase to around EUR 26 million according to the preliminary figures (2019: EUR 17.2 million). The full impairment of deposits in the amount of EUR 30.9 million already carried out in the first half of 2020 due to the insolvency of Commerzialbank Mattersburg is recognised in the financial result. Frequentis AG in Austria did not have to make use of Corona state aid. ....

Stefan Marin , Regulierter Markt , Brigitte Gschiegl , Commerzialbank Mattersburg , Corporate Communications , Frankfurt Stock Exchange , Frequentis Group , Air Traffic Management , Public Safety , Public Transport , Director Corporate Communications , Investor Relations , ஸ்டீபன் மரின் , பெருநிறுவன தகவல்தொடர்புகள் , பிராங்க்ஃபர்ட் ஸ்டாக் பரிமாற்றம் , அேக போக்குவரத்து மேலாண்மை , பொது பாதுகாப்பு , பொது போக்குவரத்து , இயக்குனர் பெருநிறுவன தகவல்தொடர்புகள் , முதலீட்டாளர் உறவுகள் ,