RUAG performs well in a challenging year.

RUAG’s sales outstripped the previous year. However, isolated one-off events reduced profitability. The outlook is promising, thanks in part to investments in the high-growth US market. RUAG generated 56 % of its total sales in the civilian sector. Its most important customer remains the DDPS, accounting for 31 % of sales.

With net sales of CHF 1,955 million (previous year: CHF 1,858 million), RUAG once again topped its record prior-year performance — this time by 5.2 %. Earnings before interest and taxes (EBIT) fell to CHF 119 Million (CHF 151 million). However, the technology Group was unable to uphold last year’s record result.

Four out of the five divisions operated profitably. The Defence Division closed the year with a loss, however. As a result, RUAG as a whole was unable to achieve its budgeted earnings targets. Positive surprises came from the Space division and the Real Estate service unit, both of which surpassed the high expectations set for them.