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Growth in net sales in Communication market segment, but lower EBIT margin
Following the large jump in the previous year, the Communication market segment recorded a decline in order intake of 9.4 % to CHF 380.6 million (PY CHF 420.0 million). Net sales experienced a double-digit increase of 13.1 % to CHF 385.9 million (PY CHF 341.1 million). The two subsegments data center and mobile network developed particularly strongly, the latter as a result of the significant investments made in 5G infrastructure. Business volume with communication equipment manufacturers continued the downward trend of previous years. The decline in the EBIT margin to 8.9 % (PY 12.2 %) was mainly attributable to a change in the business mix with major customers within the mobile network subsegment.
“In 2022, we again achieved double-digit growth in net sales. This development was once again driven by the exponential growth in data traffic, which required significant investments in communication networks and data centers. In the future, communication network operators will turn their focus to the flexibility and cost efficiency of their infrastructures. Our innovative solutions for optical connection, transport and circuit technologies support our customers in building a future-proof communication infrastructure that ultimately forms the backbone for a fully functional society.”
