An announcement from Frequentis AG ( (DE:FQT) ) is now available.
Frequentis AG has reported preliminary financial figures for 2024, showcasing a significant increase in EBIT to EUR 32.1 million, surpassing analysts’ expectations. The company’s revenue rose to EUR 480.3 million, driven by strong business development and successful project executions, while order intake increased to EUR 583.8 million. These results highlight Frequentis’s robust operational performance and its strengthened position in the safety-critical communication sector.
More about Frequentis AG
Frequentis AG, based in Vienna, Austria, is a global leader in providing communication and information systems for civil and military air traffic control and public safety sectors. The company is renowned for its innovative solutions that enhance safety and security in command and control centers worldwide, with a significant market share in voice communication systems for civil air traffic control. Frequentis operates in over 50 countries and serves customers in around 150 countries.
YTD Price Performance: 13.01%
Average Trading Volume: 1,436
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €396.6M
For detailed information about FQT stock, go to TipRanks’ Stock Analysis page.
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