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Business news for the stock market

Frequentis AG: FREQUENTIS celebrates 5 years on the capital market

Congratulations from Christoph Boschan, CEO of Vienna Stock Exchange

5 years on the capital market

5 years on the capital market

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Vienna / Austria (pta020/14.05.2024/11:20 UTC+2)

Strong growth in the past 5 years; comparison FY 2023 vs. 2018:

  • Employees +400
  • Revenues +50%, EBIT margin increased to 6.2%
  • Order intake +65%, orders on hand + 67%

Frequentis is proud that it has been listed on the Vienna and Frankfurt stock exchanges for five years. This significant milestone marks more than 77 years of untiring commitment, growth, and success in the dynamic world of control centres for the safety-critical sector.

Congratulations on this anniversary, which was celebrated with all staff at Frequentis' headquarters in Vienna, came from Christoph Boschan, CEO of the Vienna-Prague Stock Exchange Group: "We are delighted that Frequentis, a high-tech stock company with global operations, is listed with us on the Vienna Stock Exchange. Thanks to its positive business performance and excellent capital market communication, it has twice won first place in the mid cap category of the Vienna Stock Exchange Award. We therefore congratulate Frequentis on the fifth anniversary of its stock market listing."

Norbert Haslacher, CEO of Frequentis: "Since the IPO in May 2019, we have demonstrated our resilience and adaptability by mastering market volatility, geopolitical challenges, and the industry transformation from hardware- to software-centric solutions. Our presence on the stock exchange is evidence of our strong fundamental data, our long-term strategy, and the tremendous commitment of our employees."

Strong growth

Comparing the 2023 financial year with 2018 shows Frequentis' strong growth since the IPO. The number of employees has risen by more than a quarter, revenues have increased by 50%, and the EBIT margin has improved to 6.2%. Order intake and orders on hand are both about one-third higher. The share price itself rose from the issue price of EUR 18.00 to the current EUR 26.30, an increase of around 50%.

About FREQUENTIS

Frequentis is a global supplier of communication and information systems for control centres with safety-critical tasks. The listed family company develops and markets its "control centre solutions" in the Air Traffic Management segment (civil and military air traffic control, air defence) and the Public Safety & Transport segment (police, fire brigades, emergency rescue services, railways, coastguards, port authorities). With a market share of 30%, Frequentis is the world market leader in voice communication systems for air traffic control. Frequentis is also the global leader in aeronautical information management and aeronautical message handling systems.

As a global player with around 2,200 employees (full-time equivalents/FTE), Frequentis has a global network of companies and representatives in more than 50 countries. Its head office is in Vienna, Austria. Frequentis' products, services, and solutions are used at more than 49,000 operator working positions in around 150 countries. Shares in Frequentis are traded on the Vienna and Frankfurt stock exchanges; ISIN: ATFREQUENT09, WKN: A2PHG5. In 2023, revenues were EUR 427.5 million and EBIT was EUR 26.6 million.

Wherever Frequentis' systems are used, safety-critical operators bear responsibility for the safety of other people and goods. The company also works towards a more sustainable future through its air traffic optimisation solutions.

For more information, please visit www.frequentis.com

Barbara Fuerchtegott, Head of Communications/Company Spokesperson
barbara.fuerchtegott@frequentis.com, +43 1 81150-4631

Stefan Marin, Head of Investor Relations
stefan.marin@frequentis.com, +43 1 81150-1074

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Emitter: Frequentis AG
Innovationsstraße 1
1100 Wien
Austria
Contact Person: Stefan Marin
Phone: +431811501074
E-Mail: stefan.marin@frequentis.com
Website: www.frequentis.com
ISIN(s): ATFREQUENT09 (Share)
Stock Exchange(s): Vienna Stock Exchange (Official Trade)
Other Stock Exchanges: Regulierter Markt in Frankfurt
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