Frequentis (FQT) Investor update summary

Financial performance and growth

• Order intake increased by 17% to EUR 680 million, with revenues up 21% to nearly EUR 600 million, all organic growth.

• EBIT margin reached 8.1%, supported by an EUR 8 million claim settlement; net cash stood at EUR 104 million.

• Orders on hand are nearly EUR 800 million, with a 20% CAGR in order intake over five years.

• Revenue split: 70% Air Traffic Management (ATM), 31% Public Safety and Transport; Americas revenue share rose from 18% to 27%.

• Group EBIT margin would be 6.7% without the one-time claim settlement.

Key contracts and business segments

• Secured major U.S. FAA APC program and modernization of U.S. voice communication systems.

• Won contracts in Sweden for drone operations and in Germany for military drone integration.

• Deployed first U.S. military digital air traffic control tower in Germany and expanded defense business in Australia.

• Public Safety segment secured contracts in Germany and Norway for integrated control centers using cloud-based LifeX system.

Market trends and strategic outlook

• Security and mobility trends drive demand for safety-critical infrastructure, with increased budgets in the U.S. and NATO countries.

• SESAR program in Europe pushes for technological upgrades to service-oriented, cloud-native architectures.

• Anticipates continued growth in air traffic and infrastructure needs, with 3,000 new aircraft entering airspace annually.