Ascom reported a 2.7% drop in H1 2024 net revenue at CHF 142.1M, with UK, France/Spain markets lagging, while incoming orders decreased 3.
Ascom reported a 2.7% dip in net revenue at constant currencies for H1 2024, at CHF 142.1M. Key markets met expectations, but UK & France/Spain lagged. Incoming orders were 3.1% lower than 2023, but 13% higher than H2 2023. EBITDA margin remained at 7.4%. Ascom expects stable net revenue in 2024, with an EBITDA margin of 9-10%. The company plans to strengthen its position in healthcare and enterprise solutions through new platforms in 2024 & 2025, with platform convergence by mid-2025.
August 06, 2024
3 Articles