Business news for the stock market
Frequentis AG: 1st place at Vienna Stock Exchange Award in Mid Cap category
Vienna (pta040/15.06.2022/16:52 UTC+2)
The award ceremony took place on Tuesday evening during a large event at Palais Niederösterreich, in Vienna. In addition to qualitative criteria such as financial reporting, investor relations, strategy, corporate management, corporate governance, and sustainability, share performance also played a role in obtaining this award. In 2021, the Frequentis share improved by 47.5%, while the main Austrian index ATX increased by 38.9%.
"The award at this year's Vienna Stock Exchange Prize fills us with great pride," commented Norbert Haslacher, CEO of Frequentis. "At the same time, our success shows that investors favour companies with stable business models, such as Frequentis offers, especially in volatile stock market phases. My thanks go to all our employees, whose daily commitment contributes to the success and appreciation of our company on the capital markets."
The Vienna Stock Exchange Prize is an initiative of several capital market players: Aktienforum, APA-Finance, Cercle Investor Relations Austria, Oesterreichische Kontrollbank, Oesterreichische Nationalbank, Austrian Association for Financial Analysis and Asset Management with CFA Society Austria, Association of Austrian Investment Companies, VÖNIX Advisory Board, Vienna Stock Exchange, Austrian Federal Economic Chamber, and Zertifikate Forum Austria.
About FREQUENTIS
Frequentis is a global supplier of communication and information systems for control centres with safety-critical tasks. The listed family-run 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, shipping, railways). 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 about 2,150 employees, Frequentis has a global network of companies in more than 50 countries. Its head office is in Vienna, Austria. Frequentis' products, services, and solutions are used at more than 40,000 operator working positions in around 150 countries. Shares in Frequentis are traded on the Vienna and Frankfurt stock exchanges; ISIN: ATFREQUENT09, WKN: A2PHG5. In 2021, revenues were EUR 333.5 million and EBIT was EUR 29.0 million.
Wherever Frequentis' systems are used, people 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 Fürchtegott, Head of Communications
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 |
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|---|---|---|
| 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 |