RUAG International achieved an impressive turnaround in 2021. The repositioning of all activities, initiated in 2020, was key to the success of the turnaround. In this way, performance, quality and standards were raised in equal measure and confidence in the future prospects of the individual activities was further strengthened.

Despite the continued negative impact of the pandemic on the global economy, all financial figures developed positively. Revenue grew to CHF 1,240 million (previous year CHF 1,181 million). After a large loss in the previous year (CHF -224 million), EBIT was in positive territory again, reaching CHF 70 million. A significant increase was also achieved in order intake, increasing from CHF 1,214 million to CHF 1,424 million.

All the business segments individually achieved a positive result. The focus was on precisely aligning each business unit with its customers’ strategies and markets. To achieve this, the company reduced the complexity of the organisation, invested in technologies, processes and systems, while at the same time rigorously reviewing expenditure.