Ascom Holding AG (via Public) / Ascom achieved solid results in 2020 with a considerable growth rate in the Healthcare sector

Ascom achieved solid results in 2020 with a considerable growth rate in the Healthcare sector
Financial year 2020 with solid results
Net revenue of CHF 281.0 million, growth rate of 3.6% at constant currencies
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Incoming orders of CHF 322.4 million, increase of 6.6% at constant currencies
Order backlog as of 31 December 2020 at CHF 215.6 million, increase of 24% at constant currencies
EBITDA
EBITDA margin of 8.9%
Group profit increased to CHF 6.5 million (2019: CHF 0.5 million)
Balance sheet structure improved with a positive net cash position of CHF 12.8 million and improved equity ratio of 35.0%
Outlook for 2021
Ascom targets low single-digit revenue growth for fiscal-year 2021
and strives to achieve a double-digit EBITDA margin.

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