Rohde & Schwarz Declares its Successful Fiscal Year End
Rohde & Schwarz has announced the successful closing of its 2020/2021 fiscal year despite ongoing global economic challenges.
With its cutting-edge solutions, the company has continued to prove robust in last year’s highly dynamic market environment.
In addition to its established business fields, Rohde & Schwarz has made substantial investments in future technologies such as 6G, quantum technology, the industrial internet of things (IIoT), artificial intelligence and cloud technology. The company is a trailblazer in the socially relevant topics of security and connectivity.
The independent technology company Rohde & Schwarz closed its 2020/2021 fiscal year (July to June) with EUR 2.34 billion in revenue. Operating results were almost at the previous year’s level.
The company exceeded its target values that had been adjusted to match market developments. This sends a good signal in light of the challenging dynamics of the past fiscal year.
Even under challenging economic conditions, Rohde & Schwarz has proven a reliable employer that sees its innovative employees as the cornerstone of success. Consequently, many issues related to how the company will collaborate in the future are high on the agenda.
Rohde & Schwarz is a pioneer in many technologies, including the further development of mobile communications up to 6G, T&M solutions for quantum computing, the IIoT, the increasing inroads made by artificial intelligence as well as cloud technologies. Together with its subsidiaries and partners, the company is developing future technological solutions with a passion for innovation.
Rohde & Schwarz has designed market-leading solutions from V2X to 5G for challenging automotive applications such as communications between vehicles and their surroundings and for the latest wireless communications standard in mobility. The company could further improve its position in this field with innovative radar T&M instruments and systems.
Rohde & Schwarz has meanwhile established itself on the market as an oscilloscope supplier. Since entering the market over 10 years ago, the technology company has continually developed new instruments that were designed and developed specifically with customer needs in mind.
The demand for T&M solutions among component manufacturers reflected the sustained high level of investment in digitalization and connectivity in almost all industries. To position Rohde & Schwarz T&M solutions in the quantum computing field, the company completed the acquisition of the leading Swiss T&M manufacturer Zurich Instruments AG, effective July 1, 2021.
