The Business Segments

RUAG Space can look back on a very pleasing financial year. All key figures show a positive trend for RUAG Space. The business segment increased sales from CHF 277 million to CHF 319 million. Earnings before interest and taxes (EBIT) climbed from CHF -21 million to CHF 14 million. 

Building on the strategy adopted in 2020, the reporting year saw the organisational adjustment to a functional organisation with a leaner management structure, with more women in the upper management levels and the global bundling of all competencies along six functional units, including the two programme areas "Launchers" and "Satellites".

RUAG Aerostructures succeeded in stabilising its business performance and significantly increasing its operating result in a turbulent, COVID-ridden financial year. Net sales rose year-on-year from CHF 204 million to CHF 209 million. EBIT rose from CHF -118 million to CHF 5 million.

While the first months of 2021 were still characterised by lockdowns, in the spring the COVID vaccination led to an increase in air traffic and to more orders for RUAG Aerostructures.

A new record year for RUAG Ammotec. Revenue and EBIT again reach new highs. While presence in the US market grew further, the European markets remained largely stable despite the pandemic.

The divisions' net sales rose from CHF 487 million to CHF 575 million. EBIT more than tripled from CHF 24 million to CHF 74 million.

For MRO International, the year was centred on successful divestments. Despite ongoing constraints due to the COVID pandemic, the business segment generated a robust financial performance.

As expected, the business segment, which was characterised by divestments from CHF 179 million to CHF 133 million. EBIT rose from CHF -76 million to CHF 1 million.