INVESTOR & ADHOC NEWS

• Frequentis shares in Nemergent Solutions increased from 15% to 25%
• This increased shareholding reinforces Frequentis’ position in the Mission-Critical Communications (MCX) market

Frequentis acquired a 15 per cent share of Nemergent Solutions in 2020, and it has rapidly emerged as an international expert in MCX technologies. The Spanish company has contributed significantly to projects in public transport and public safety, providing software for application services and mobile terminals for emergency services. This increase in shareholding solidifies Frequentis' commitment to providing innovative MCX solutions including the MissionX solution enabling mission-critical services over next-generation broadband communication networks.

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Strong growth in the past 5 years; comparison FY 2023 vs. 2018:

• Employees +400
• Revenues +50%, EBIT margin increased to 6.2%
• Order intake +65%, orders on hand + 67%

Frequentis is proud that it has been listed on the Vienna and Frankfurt stock exchanges for five years. This significant milestone marks more than 77 years of untiring commitment, growth, and success in the dynamic world of control centres for the safety-critical sector.

Congratulations on this anniversary, which was celebrated with all staff at Frequentis’ headquarters in Vienna, came from Christoph Boschan, CEO of the Vienna-Prague Stock Exchange Group: “We are delighted that Frequentis, a high-tech stock company with global operations, is listed with us on the Vienna Stock Exchange. Thanks to its positive business performance and excellent capital market communication, it has twice won first place in the mid cap category of the Vienna Stock Exchange Award. We therefore congratulate Frequentis on the fifth anniversary of its stock market listing.”

see also: FREQUENTIS: 1st place at Vienna Stock Exchange Award in Mid Cap category

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Present CTO Hermann Mattanovich has chosen to step down from his position

From 1 July 2024, Karl Wannenmacher, currently Director of Public Safety Products at Frequentis, will lead the research and development (R&D) and technology activities of the Frequentis Group.

“In his 30 years at Frequentis, 15 of them as CTO, Hermann Mattanovich has played a key role in shaping the company's further development and achieving major technical milestones. Crucial Frequentis projects with a high demand for technologically innovative solutions greatly benefited from his enormous knowledge,” says Hannes Bardach, Chairman of the Supervisory Board of Frequentis.

“I’m pleased to welcome Karl Wannenmacher to the Executive Board. With his vast software expertise, strategical approach, and entrepreneurial mindset he will contribute on top of our R&D organisation to further strengthening the Frequentis Group as a world-class technology provider. I wish him all the best for his new role,” says Norbert Haslacher, CEO Frequentis.

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After almost 40 years with Frequentis, ten of them as Managing Director of Frequentis France, Mikhael Matar has decided to retire. He will be succeeded by Sébastien Esteve.

“Mikhael Matar is responsible for the successful growth of Frequentis in France. In 2023 we won our largest global rail project, the nationwide communication system contract for French railway company SNCF. We would like to thank Mikhael for his long-standing commitment and great achievements and wish him all the best for his retirement,” says Frequentis CEO Norbert Haslacher. “We welcome Sébastien Esteve to Frequentis, who brings a profound level of expertise with sales and account management, handling large-scale IT projects and contracts in the aerospace business. We wish him every success in his role as Managing Director of Frequentis France”.

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• T-Systems integrates Frequentis airportWORKS into Dublin airport solution
• Dublin uses airport management system for almost all processes from a single source
• Frequentis and T-Systems showcase solution at Passenger Terminal Expo 2024 in Frankfurt

T-Systems has integrated a new management product from Frequentis into Dublin Airport's system to further enhance information flow, resource management, and passenger satisfaction.

Frequentis airport products are key enablers for the most effective collaboration between airports, airlines, and Air Navigation Service Providers to reduce costs for all stakeholders, achieve their performance objectives, and increase passenger satisfaction. 

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