In 90 Years History, Rohde & Schwarz Logs Massive Fiscal Year Revenue

For the first time in its 90-year history, Rohde & Schwarz technology group has closed the 2022/2023 fiscal year logging a three billion euro mark and revenue rose to EUR 2.78 billion.

Key Takeaways From the Segments That Rohde & Schwarz Logged Successful Business

Broad Test and Measurement Portfolio Drives Innovation And Transformation

• The diversified Rohde & Schwarz T&M portfolio proved highly advantageous and ensured a robust fiscal year.
• Customers in the aerospace & defense market continued to invest in the group’s state-of-the-art T&M technology.
  The automotive industry is driving the transition to electromobility and the development of autonomous vehicles.
• The group also further expanded its established position in the Industrial Electronics, Components, Research & Universities market segment.

Rohde & Schwarz has been involved in working on 6G, the next wireless communications generation by participating in various programs and initiatives.

Partner For Shaping The Digital Sovereignty Of Countries And Industry

• Secure communications and reconnaissance solutions, the Rohde & Schwarz technology group was able to win strategically important projects with authorities and customers in the government sector in the reporting period.
• Rohde & Schwarz earlier acquired Schönhofer Sales & Engineering GmbH (SSE), the group successfully invested in expertise for key technologies such as big data analytics and AI. In August 2023, Rohde & Schwarz and SSE were commissioned, along with other partners, to develop the AI backbone for the European Future Combat Air System (FCAS).
• Demand for network and security technology is increasing in both private and public sectors. The trend toward cloud applications and remote work continued.
• In the government sector, digitalization is gaining further momentum. Rohde & Schwarz, a key supplier in Germany with solutions to ensure digital sovereignty, is already benefiting from this trend. The group subsidiary LANCOM Systems in particular secured important projects and again achieved profitable growth.

Solutions for Safe And Smooth Air Traffic

• Rohde & Schwarz also achieved successes in the air traffic control (ATC) sector. Together with DFS Deutsche Flugsicherung GmbH, the German air navigation service provider, the group completed a nationwide radio modernization program with around 4000 ATC radios at over 100 radio sites.
• With its tried-and-tested turnkey solution, Rohde & Schwarz ensures safe and efficient airspace operations.

Investments in Own Vertical Integration And Key Technologies

In February, Rohde & Schwarz had a groundbreaking ceremony took place at the Memmingen site for a state-of-the-art technology and production center with 18,000 square meters of floor space.

For 90 years, Rohde & Schwarz has lived a tradition of innovation. Research, development and production take place primarily in Germany.

The group is investing in the development and utilization of new technologies involving frequencies above 100 GHz, 6G, AI and microelectronics.

The group is currently participating in a microelectronics and communications technologies project funded by the European Commission (IPCEI ME/CT).

Rohde & Schwarz is thereby helping to ensure Germany and Europe’s ability to shape key technologies.

Resource Conservation And Systematic Use Of Renewable Energy Sources

• Rohde & Schwarz aims to achieve the 1.5 °C climate protection target at selected group locations by 2030 without buying any offset certificates.
• The group is actively saving energy and carbon emissions by using photovoltaic systems on its own buildings, heat pumps to heat and cool buildings and green electrical power.
• In 2023, the Bavarian state government awarded Rohde & Schwarz the Gold Certificate of the Bavarian Environmental and Climate Pact for its longstanding commitment to environmental and climate protection.

On June 30, 2023, Rohde & Schwarz had around 13,800 employees worldwide.