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Annual report 2020

The fiscal year 2020 in brief

RUAG MRO Holding Ltd has reached the end of its first financial year of independent operation with a positive balance sheet. The company has shown that, even in the midst of the corona pandemic, it is a dependable partner of the Swiss Armed Forces. As a result of the unbundling, the company’s contribution to Swiss security now lies at the heart of the business. This new focus is both challenging and groundbreaking. Media release read more ...

Andreas Berger und Nicolas Perrin

Editorial

Groundbreaking, challenging and successful – these three words sum up RUAG’s 2020 financial year perfectly.
Bildsprache Marke 2

RUAG Mission

The security of Switzerland plays a central role in all our activities. We deliver efficient servicesand build up know-how to support the Swiss Armed Forces at all levels – today and also in the future.
Frau an Fahrzeug

Innovation and expertise

RUAG impresses with its maintenance and development skills. We would like to develop further, and to establish ourselves as a platform for security-relevant problems and solutions.

"As RUAG, we demonstrated in 2020 that we are a reliable partner, especially in difficult times, and that we make a significant contribution to Switzerland's security - entirely in the interests of our owner, our customers and the Swiss people. Special thanks go to our employees."

Andreas Berger, CEO RUAG MRO Holding Ltd

KEY FIGURES OF RUAG MRO HOLDING AG FOR THE YEAR 2020 AT A GLANCE

Kreisdiagramme_Personalbestand (FTE) ENDE DEZEMBER

Employees (FTE) as of End December

in FTE
Kreisdiagramme_Fakturierter Umsatz 2020 nach Anwendungen

Invoiced sales by application

in %
Kreisdiagramme_Fakturierter Umsatz 2020 nach Absatzmärkten

Invoiced sales in by sales market

in %

in CHF m

Ordner intake 722
Order backlog 471
Net sales 682
Research and development expenses -14
Unbundling costs -28
EBITDA 51

in CHF m

EBIT 30
EBIT margin 4.5%
Net profit 31
Free Cash Flow 37
Net financial position 113
Bank debit 0

FOUR KEY RESULTS

INDEPENDENCE

2020 was our first year as an independent company. As part of the demerger, we separated out the essential parts of the former Defence and Aviation divisions from the RUAG Group and combined them into a new company group as of January 1, 2020.

BRANDING

At the end of June, we redesigned our external branding, thereby giving our independent status a new and visible presence. Our logo, color scheme and design are modern and reflect our values: Swiss, collaborative and future- oriented.

SwissSkills CHAMPIONSHIPS

We place great emphasis on the education of our future employees. We are proud that our apprentices were able to participate in the SwissSkills Championships, successfully demonstrating their capabilities and winning medals and certificates in various disciplines.

AIR2030

The positive public decision for the procurement of new military jets demonstrates that the Swiss population has a strong need for security. We are proud that we will also continue to play our part as a technology partner of the Swiss Air Force in the future, contributing to air defense – meeting the needs of our society.

Arbeiter an Maschine
Independence
RUAG Gebäude
Branding
Mediamatikerin an den Schweizer Meisterschaften
SwissSkills Championships
Arbeiter an Flugjet
Air2030

Sustainability

We are committed to the sustainable use of resources and the protection of our environment throughout our Life-Cycle-Management.

Diversity

We pay equal salaries for equal work, whether it is performed by a woman or a man. This is confirmed by the SQS certificate "Fair Compensation".

Transformation

As part of the demerger, we released two divisions from our former RUAG group and combined them within a new company. While doing so, our top priority was to maintain the operational business on an ongoing basis. Since the beginning of 2020, we have been operating as an independent company.

Corporate Governance

Compliance, risk management, and information security are integral components of our company as part of corporate governance. The organization, its activities, and its responsibilities are based on the acknowledged “Three Lines of Defense” model.

High-quality vocational training

One particularly important component of RUAG's corporate responsibility is to train young people, We accompany them as they prepare for professional life and in doing so we invest today in the Know-how of tomorrow.

Innovation and expertise

RUAG impresses with its maintenance and development skills. We would like to develop further, and to establish ourselves as a platform for security-relevant problems and solutions.
Daniel Makanec

Contact

Daniel Makanec
Senior Manager Public Affairs
Tel. +41 58 48 57333
E-mail Daniel.Makanec@ruag.ch
RUAG AG
Schaffhauserstrasse 580
8052 Zürich

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Annual report 2020
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