Ascom Holding AG Faces Challenging Year in 2024

Ascom Holding AG ( (ACMLF) ) has released its Q4 earnings. Here is a breakdown of the information Ascom Holding AG presented to its investors.

Ascom Holding AG is a global provider of ICT and mobile workflow solutions, primarily serving the healthcare and enterprise sectors, with a mission to deliver the right information to the right hands at the right time.

In its 2024 earnings report, Ascom faced a challenging year marked by a decline in revenue and profitability due to a difficult market environment and cautious customer spending. Despite these setbacks, the company maintained a strong balance sheet and continued to invest in strategic initiatives.

Key financial metrics for 2024 included a net revenue of CHF 286.7 million, a decrease from the previous year, and an EBITDA of CHF 21.3 million, reflecting a lower EBITDA margin of 7.4%. The company also reported a group profit of CHF 3.7 million, significantly down from CHF 17.4 million in 2023. Ascom’s strategic focus remained on accelerating its platform convergence and launching new cloud-based solutions, such as the SaaS Staff Safety solution, to enhance operational efficiency and customer value.

Looking ahead, Ascom’s management remains optimistic about the company’s future, targeting low single-digit revenue growth and an improved EBITDA margin of 9-10% in 2025. The company is committed to executing its strategy of becoming a key enabling platform for critical communication and collaboration in its core sectors, while continuing to focus on innovation and operational excellence.