This represents a 25 percent increase over last year's level of 1.26 billion euros (July 2009 through June 2010). The size of workforce reached an all-time high of 8,400 employees by the end of the fiscal year. Worldwide investments also reached their highest levels ever, especially investments in new production facilities (euro 130 million euros) and in research and development (228 million euros). After two years marked by the effects of the global economic crisis, Manfred Fleischmann, President and CEO of Rohde & Schwarz, has every reason to be pleased. "We are back on track for growth, and have actually exceeded our sales targets by a wide margin. We plan to continue steering this course in the future."
The company’s broadcasting business improved in 2010/2011 compared with the previous fiscal year. Rohde & Schwarz maintained its position as the global market leader for digital terrestrial TV transmitters. The successful takeover of Hanover-based DVS Digital Video Systems AG, a leading manufacturer of hardware and software for professional film and video post production, was another contributing growth factor. One objective of this new partnership is the transfer of technology between studio and broadcasting solutions. In the past fiscal year, the family-owned company continued to forge ahead with its global strategy by expanding activities in the USA and Asia. Rohde & Schwarz plans to improve its portfolio for the regional growth markets in these countries and is therefore focusing on the rapid expansion of its market position in the USA and its R&D center in Singapore. In addition, production plants set up in Singapore at the beginning of 2011 and in Malaysia in July 2011 bring production geographically close to the company’s R&D activities at its Asian headquarters.
Taking a look at fiscal year 2011/2012, Fleischmann is convinced that Rohde & Schwarz is well positioned to face new challenges and withstand any possible setbacks. He expects revenue in the new fiscal year to be comparable to the 2010/2011 level. Over the coming years, the company plans to expand mainly through organic growth and by launching more new products.
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