The divisions' business year

The growing importance of space travel to life on Earth remains a key driver of the dynamic market environment that this sector operates in. As a leading supplier of satellites and launch vehicles, RUAG Space continues to hold a stable position and is investing in the future.

In 2019, sales experienced strong growth once again as a result of the Airbus single-aisle programme. In a bid to improve the unsatisfactory profitability situation, intensive work on restructuring and stabilisation programmes was conducted at the Oberpfaffenhofen and Eger sites.

In 2019, RUAG MRO International focused on maintaining continuity, stability and improvement in its international activities intended for divestment. Market positioning was optimised in all business units and sales figures performed as expected, with just a few downturns. Extensive value allowances and impairments had to be recorded in EBIT.

RUAG Ammotec has consistently aligned itself with the needs of the market and made targeted investments in equipment and innovations over recent years, both moves that have paid off. On the whole, the division delivered much stronger growth than the market in 2019, even achieving an increase in the Hunting & Sports segment – an area that has been experiencing difficulties all over the world. The Armed Forces & Law Enforcement business unit remains the main driver of growth.

For RUAG MRO Switzerland, 2019 was a financial year that presented challenges. In spite of the unbundling process, the division achieved a positive result on the whole and was able to meet the expectations of both its owner and its customers.